Roundtable Discussion; The Future of Mineral Sands. Watch the video 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: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.62 (0.91%)
Spread: 0.04 (0.058%)
Open: 67.96
High: 68.74
Low: 67.82
Prev. Close: 67.82
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

India Sets Up Panel On Telecom Operators' Concerns Over Regulator Proposals

Wed, 07th Jul 2010 11:38

NEW DELHI (Dow Jones)--The Indian government Wednesday said it has set up a panel to consider the concerns of telecom companies over recommended caps on bandwidth for mobile phone services and a proposed one-time charge. The panel--which will be within the Department of Telecommunications--is to be headed by a member for technology at the Telecom Commission, the highest decision-making body within the DoT, a government statement said. The decision to refer the telecom companies' concerns over the proposals to a panel comes after the federal communications minister, Andimuthu Raja, met the heads of Indian telecommunication companies to hear their views earlier Wednesday. "The concerns expressed by operators were minuted and it will have due reflections after due deliberations in the (telecom) ministry and the Telecom Commission," Raja told reporters after the meeting. In May, the Telecom Regulatory Authority of India, or TRAI, recommended that GSM and CDMA operators with more than 6.2 megahertz and 5 Mhz of 2G bandwidth, respectively, should pay a one-time fee to keep the excess spectrum. It said the fee would be linked to the value of third-generation, or 3G, bandwidth at the government's recent auction. Top telecom companies, including Bharti Airtel Ltd. (532454.BY), Vodafone Essar Ltd. and Idea Cellular Ltd. (532822.BY), strongly opposed the recommendations as they had already spent large sums in the 3G and broadband wireless spectrum auctions. Bids for 3G bandwidth were much higher than the companies initially paid for bandwidth to offer 2G services and the operators felt the fee would hurt their financials in a highly competitive market with falling phone call rates. "Various issues on licences, spectrum, allocation, charging of spectrum and roll-out obligations, merger and acquisitions and other related issues were discussed in the meeting and it has been decided that the Internal Committee will finalize the views and refer to Telecom Commission," the government statement said. After it made the recommendations, TRAI asked telecom companies for their views by June 15 and said it would also consult with other experts--a process it estimated would be completed by July 15. The government earlier said it would consider the views of all operators before making a decision on the TRAI proposals. -By R. Jai Krishna, Dow Jones Newswires, +91.11.4356.3333; krishna.jai@dowjones.com (END) Dow Jones Newswires July 07, 2010 06:38 ET (10:38 GMT)
More News
31 Oct 2023 16:59

LONDON MARKET CLOSE: FTSE 100 returns early progress as BP disappoints

(Alliance News) - London-listed blue-chips faded after a bright start with falls in oil majors, and index heavyweights, BP and Shell dragging the FTSE 100 lower.

Read more
31 Oct 2023 15:41

London close: Stocks finish mixed, Rolls-Royce jumps on upgrade

(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.

Read more
31 Oct 2023 12:28

UPDATE: Vodafone pens EUR5 billion deal to sell Spanish arm to Zegona

(Alliance News) - Vodafone Group PLC and smaller London listing Zegona Communications PLC on Tuesday announced the sale of Vodafone Spain to Zegona.

Read more
31 Oct 2023 09:07

TOP NEWS: Vodafone sells Spanish arm to Zegona for up to EUR5 billion

(Alliance News) - Vodafone Group PLC and smaller London listing Zegona Communications PLC on Tuesday announced the sale of Vodafone Spain to Zegona.

Read more
31 Oct 2023 08:54

LONDON MARKET OPEN: Stocks rise; BP shares fall on profit miss

(Alliance News) - The FTSE 100 opened in the green on Tuesday, despite a share price fall for BP, one of the index's largest constituents, amid more positive trading sentiment in Europe and the US.

Read more
31 Oct 2023 07:46

Vodafone to sell Spanish business to Zegona for up to €5bn

(Sharecast News) - Vodafone said on Tuesday that it has agreed to sell its Spanish business to Zegona Communications for up to €5bn.

Read more
31 Oct 2023 07:41

LONDON BRIEFING: BP announces buyback; IG to cut 10% of staff

(Alliance News) - Stocks in London are called higher on Tuesday, as the FTSE 100 looks set to shake off weaker economic data from China.

Read more
24 Oct 2023 09:29

LONDON BROKER RATINGS: Barclays ups Rio Tinto; Liberum likes Indivior

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

Read more
23 Oct 2023 09:24

LONDON BROKER RATINGS: Jefferies raises Tullow Oil to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
17 Oct 2023 14:19

IN BRIEF: Vodafone Business division and e& hail customer win

Vodafone Group PLC - Newbury, Berkshire-based telecommunications provider - Says that Vodafone Business division and e& have signed a memorandum of understanding to jointly market, sell and service businesses and public sector organisations to support their digital transformations. e&, or Emirates Telecommunications Group Company PJSC, is a United Arab Emirates-based technology and investment company.

Read more
11 Oct 2023 12:11

CMA seeks feedback on Vodafone's planned merger with Three UK

(Sharecast News) - Vodafone's planned merger with Three UK came under the Competition and Markets Authority (CMA) spotlight on Wednesday, as the regulator invited feedback from third parties over the impact it could have on the competitive landscape.

Read more
11 Oct 2023 10:30

TOP NEWS: CMA probes UK business merger of Vodafone and Hutchison

(Alliance News) - The Competition & Markets Authority on Wednesday said it is considering whether the planned merger the UK businesses of Vodafone Group PLC and CK Hutchison Group Telecom Holdings Ltd would weaken competition.

Read more
11 Oct 2023 09:17

LONDON BROKER RATINGS: JPMorgan raises Croda; Berenberg cuts Atalaya

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

Read more
9 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks suffer amid Israel conflict

(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.

Read more
5 Oct 2023 09:08

LONDON BROKER RATINGS: Panmure likes abrdn; Kepler cuts Britvic

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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.