The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 67.28
Bid: 67.28
Ask: 67.30
Change: -0.64 (-0.94%)
Spread: 0.02 (0.03%)
Open: 68.02
High: 68.06
Low: 67.06
Prev. Close: 67.92
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
18 Dec 2023 16:35

Vodafone shares climb as Iliad proposes Italian merger

Vodafone is reviewing options for its Italian unit

*

Read more
18 Dec 2023 15:35

London close: Stocks make small gains in wake of rate decisions

(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

Read more
18 Dec 2023 11:50

LONDON MARKET MIDDAY: Stocks edge higher amid festive cheer

(Alliance News) - Stock prices in London were outperforming its European peers at midday Monday, after investors digested some hawkish comments from US Federal Reserve officials.

Read more
18 Dec 2023 10:43

UPDATE: Vodafone confirms eyeing merger or disposal of Italy business

(Alliance News) - Vodafone Group PLC on Monday confirmed it is "exploring options with several parties" to combine or sell its telecommunications operations in Italy.

Read more
18 Dec 2023 09:17

PRESS: France's Iliad prepares offer to combine with Vodafone in Italy

(Alliance News) - France's Iliad SA wants to finalise by the end of January a proposal to Vodafone Group PLC to combine their telecommunications operations in Italy, Reuters reported late Friday.

Read more
18 Dec 2023 09:07

LONDON MARKET OPEN: FTSE 100 edges higher as Fed rally fades elsewhere

(Alliance News) - The FTSE 100 managed to eke out some minor gains at Monday's market open, while stocks elsewhere pulled back after last week's advance.

Read more
18 Dec 2023 08:52

Vodafone surges as Iliad proposes merging Italian businesses

(Sharecast News) - Vodafone confirmed on Monday that it is in talks with several parties about the potential merger or disposal of its Italian unit, after France's Iliad said it had submitted a proposal to merge their two Italian businesses.

Read more
18 Dec 2023 08:05

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

Read more
18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

Read more
15 Dec 2023 18:59

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

LONDON/MILAN, Dec 15 (Reuters) - French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said.

Read more
14 Dec 2023 10:44

Sumitomo partners with Vodafone and Deloitte to speed up global trade

(Alliance News) - Sumitomo Mitsui Financial Group Inc and Vodafone Group PLC will team up with Deloitte and Nexxiot to support global autonomous freight handling, the firms announced on Thursday.

Read more
13 Dec 2023 17:07

European shares subdued as markets look to Fed decision for cues

BASF rises on UBS rating upgrade

*

Read more
12 Dec 2023 18:34

Ukraine's top mobile operator hit by biggest cyberattack of war so far

Kyivstar's IT systems 'partially destroyed'

*

Read more
12 Dec 2023 18:06

UK may ban some mid-contract mobile and broadband price hikes

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

Read more
12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

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.