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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 75.32
Bid: 75.14
Ask: 75.18
Change: 0.08 (0.11%)
Spread: 0.04 (0.053%)
Open: 75.00
High: 75.76
Low: 74.52
Prev. Close: 75.24
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EE to double 4G speeds ahead of rival roll-outs

Wed, 03rd Jul 2013 10:15

LONDON, July 3 (Reuters) - British mobile phone operator EEsaid on Wednesday it would start doubling the speed of its 4Gnetwork in 12 cities in a bid to snap up more customers beforeits rivals launch competing offers later this year.

EE, owned by Orange and Deutsche Telekom, said it would lift the current average speedsavailable to customers to between 24 to 30 Mbps from Thursday,putting Britain on a par with South Korea in terms of mobilenetwork offerings.

The group will also run a promotion until the end ofSeptember, offering customers who sign up to a two-year contractboth double speed 4G and increased data allowances as it rampsup its competitive advantage over its rivals.

The joint venture gained a head start in the 4G race when itre-used existing airwaves to launch services. Its competitors,including Telefonica's O2 and Vodafone, willlaunch their own offerings later this year.

The group, which has signed up more than half a millioncustomers to its 4G network, also said it would start offeringits new shared 4GEE plans later this month, allowing customersto connect up to five separate devices to one 4GEE plan.

The offer of shared plans for customers who own numerousconnected devices such as laptops and tablets has proved hugelypopular in the United States, where it has increased customerloyalty.

"As the market leader in the UK, we will continue tomonetise network differentiation," Chief Executive Olaf Swanteetold reporters on Wednesday.

"When we exceed our 1 million 4G customers by the end ofthis year we will have proven that we can get an adoption thatis faster than other markets while maintaining a premium," hesaid, in reference to the amount customers have been willing topay for the faster connection.

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Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

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London midday: FTSE still firmer ahead of US inflation print

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BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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UK telecom regulator eyes ban on inflation-linked contract price hikes

(Alliance News) - The UK telecommunications industry regulator on Tuesday said it wants to ban price hikes linked to inflation from customer contracts.

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UK regulator seeks to ban telecom firms' inflation-linked mid-contract price hikes

LONDON, Dec 12 (Reuters) - Britain's telecom regulator Ofcom proposed banning inflation-linked price rises in the middle of customers’ mobile and broadband contracts, saying that the practice was unfair on consumers and hampering competition.

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BT shares dip as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell over 4% on Tuesday, with traders linking the drop to British communications regulator Ofcom proposing a ban on mid-contract price hikes linked to inflation.

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Ofcom proposes ban on inflation-linked price rises

(Sharecast News) - Telecom firms were in the red on Tuesday, as the sector's regulator proposed a ban on inflation-linked mid-contract price rises.

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LONDON MARKET CLOSE: Stocks mute as eyes turn to US jobs data

(Alliance News) - Stock prices across Europe were muted on Thursday, as investors cautiously eye the next set of US jobs data.

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