The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 69.08
Bid: 69.28
Ask: 69.30
Change: 0.08 (0.12%)
Spread: 0.02 (0.029%)
Open: 69.30
High: 70.00
Low: 69.08
Prev. Close: 69.00
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EU proposes limits on free roaming for unlimited data packages

Thu, 08th Dec 2016 17:11

* Roaming charges set to end in June 2017

* EU seeking to agree "fair use" policy to prevent abuse

* Customers with unlimited data will face limits abroad

By Julia Fioretti

BRUSSELS, Dec 8 (Reuters) - The European Commission hasproposed putting limits on how much consumers with unlimiteddata packages can surf the web abroad before they have to payextra once roaming fees are abolished.

The European Union has committed to getting rid of roamingcharges within the bloc by June next year but has struggled tofind a way of giving consumers a fair deal without puttingmobile operators under undue financial pressure.

Fearing that packages offering unlimited data could be proneto abuse, and prompt companies to raise prices at home to recoupthe cost of surcharge-free roaming, the Commission said it hadproposed an "exceptional brake on intensive roaming".

"Without a volume safeguard on roaming, these competitivepackages will be threatened on domestic markets. They coulddisappear or become more expensive, or be offered withoutroaming. We do not want that," EU Commission Vice-PresidentAndrus Ansip told a news conference on Thursday.

Member states are expected to vote on the new proposal onMonday.

The EU's decade-long drive to abolish roaming charges, oftenseen by consumers as excessive compared with the additionalcosts of providing the service, has been hampered by bigdiscrepancies in domestic prices which operators say makeentirely free roaming uneconomical.

The quandary has been compounded by the wholesale chargesoperators pay each other to keep their respective customersconnected when abroad.

The EU is now rushing to lower caps on wholesale chargeswhile agreeing a "fair use" roaming policy to prevent abuse, buthas been finding it hard to strike the right balance.

Eager to shore up support for the EU amid a wave of populistanti-EU movements, the Commission abruptly withdrew an earlierproposal to let users roam free for up to 90 days a year afterit was criticised as being unfair to consumers.

Under the new proposal, the amount of free data roaming forconsumers with unlimited or very cheap bundles would becalculated by dividing the price they pay at home by thewholesale cap, and then doubling it.

For example, a Swedish citizen paying 20 euros per month athome for unlimited data, with a wholesale data cap of 10 eurosper gigabyte, would get 4 gigabytes free before charges kick in.

A Commission official said most packages in member statessuch as Germany, Spain, Italy and Portugal would not be affectedby the volume limits, given the domestic bundles were lessgenerous.

"It's very, very unlikely that the consumer will go anywherenear that amount of data consumption," the official said. (Reporting by Julia Fioretti; editing by David Clarke)

More News
16 Apr 2024 08:41

Vodafone appoints SAP's Marika Auramo as CEO of Business arm

(Alliance News) - Vodafone Group PLC on Tuesday said Marika Auramo has been appointed as chief executive of Vodafone Business.

Read more
16 Apr 2024 07:46

Vodafone taps SAP executive to lead business division

(Sharecast News) - Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.

Read more
4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

Read more
4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

Read more
4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

Read more
4 Apr 2024 07:37

CMA to launch in-depth probe into Vodafone's merger with Three

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

Read more
28 Mar 2024 15:05

Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

Read more
28 Mar 2024 13:54

IN BRIEF: Vodafone Chair Boxmeer buys GBP570,000 in shares

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Chair Jean-Francois van Boxmeer buys 823,500 shares at GBP0.69 each, worth GBP568,215, in London on Wednesday.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
26 Mar 2024 11:21

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT, March 26 (Reuters) - Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

Read more
26 Mar 2024 11:15

UPDATE: Vodafone Germany cuts 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Dusseldorf, Germany-based subsidiary of Vodafone Group PLC announced on Tuesday.

Read more
26 Mar 2024 10:43

Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

Read more
26 Mar 2024 10:42

Vodafone Germany cutting 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Germany, Dusseldorf-based subsidiary of Vodafone Group PLC announced Tuesday.

Read more
22 Mar 2024 16:09

London close: Stocks mixed as Bailey hints at rate cuts

(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.

Read more
22 Mar 2024 11:46

LONDON MARKET MIDDAY: FTSE 100 boosted after week of rate decisions

(Alliance News) - The FTSE 100 in London were higher at midday on Friday, as investor sentiment remained high, after there were no surprises from UK and US central banks this week.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.