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By Paul Sandle LONDON, Dec 20 (Reuters) - Seven companies were named on Thursday as bidders for the superfast 4G mobile broadband radio frequencies to be auctioned off in Britain next month by industry regulator Ofcom. Existing mobile network operators EE, Vodafone, O2 owner Telefonica and Hutchison
Read moreMADRID, Dec 20 (Reuters) - Spain's antitrust body said it fined telecoms companies Telefonica, Vodafone and France Telecom's Orange a record 120 million euros ($159 million) for charging too much for text messages. The regulator said on Thursday Spain's three biggest mobile operators had exploited
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Nomura has kept its 'neutral' rating for telecoms group Vodafone, saying that the higher-than-expected costs from last week's Dutch spectrum auction raise more questions of the company's 'inflated' dividend. "Paying an inflated ordinary dividend has been discredited as a way to reward shareholders,
Read moreNomura has kept its 'neutral' rating for telecoms group Vodafone, saying that the costs from last week's Dutch spectrum auction raise more questions of the company's 'inflated' dividend. The outcome of the auction was a surprise, with prices of over €2 per MHz pop for 800MHz (this compares with a p
Read moreBy Clare Kane MADRID, Dec 19 (Reuters) - Spanish telecoms company Telefonica has beaten its forecast for uptake of a bundled package launched in October to retain market share, signing up one million customers. The former monopoly also said on Wednesday that it had lowered prices for its pay-TV serv
Read moreMADRID, Dec 19 (Reuters) - Telefonica has cut prices for its pay-television services and included them in a bundled package in its latest effort to hold onto a sliding customer base in a increasingly competitive environment. Former monopoly Telefonica said on Wednesday it had lowered prices for its
Read moreMiners such as Rio Tinto and Vedanta were strong performers throughout most of the day. Most market commentary attributed the gains to the generally risk-on atmosphere in markets. As well, many pointed to the fact that at their annual central economic work conference - last weekend - Chinese officia
Read moreAfrican Minerals: Deutsche Bank cuts target price from 610p to 600p, while its buy recommendation remains unchanged. Aggreko: Morgan Stanley reduces target price from 2230p to 1670p and keeps an equal-weight rating. Anglo American: Deutsche Bank moves target price from 2520p to 2268p, while the bu
Read moreIncreasing optimism surrounding budget talks between US politicians may have helped the FTSE 100 come off its intraday low, but the index was stuck firmly in negative territory with markets remaining nervous ahead of the January 1st deadline. Without a deal, the $600bn in automatic spending cuts a
Read moreVodafone's share price fell 1.80 per cent to 158.05p at 16:14 on Monday, three days after Vodafone Netherlands acquired spectrum licenses totalling 1.4bn euros. Vodafone Netherlands acquired spectrum of 2x10MHz in the 800MHz band, 2x10MHz in the 900MHz band, and 2x20MHz in the 1800MHz band. The spe
Read moreTemporary power and temperature control solutions group Aggreko plummeted on Monday after giving a gloomy outlook for next year, saying that its performance would likely be lower than the 2012. Investec downgraded its rating for the stock from 'buy' to 'hold' this morning, after the company said t
Read moreThe FTSE 100 had fallen firmly into negative territory by Monday lunchtime as markets focused on the impending 'fiscal cliff' in the US. "After a quiet open European stocks are weaker across the board this morning as traders temper their risk appetites over concerns that talks in Washington will pu
Read moreAndor Technology: Investec moves target price from 450p to 460p, while reiterating its buy recommendation. Antofagasta: Alphavalue downgrades to reduce, while keeping the target price at 1371p. Ashtead Group: Investec target price from 250p to 475p and reiterates its buy recommendation. Atkins: J
Read more- Comments from Harry Reid weigh on sentiment - Intel rumoured to be interested in ARM - Ex-div stocks provide a drag The FTSE 100 was trading firmly in the red on Wednesday, tracking US stocks lower overnight as the market's focus turns from Greece to the US 'fiscal cliff'. The main US equity ben
Read moreUK stocks slipped in early trading on Wednesday, tracking US markets lower, as focus turned to the impending US 'fiscal cliff'. "European equities are trading lower this morning being pressured by a late sell-off in the US yesterday evening on fears that so far there has been too little progress be
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