Vodafone Share News (VOD)

Vodafone Information

Buy VOD Shares
Add VOD to Watchlist
Add VOD to Alert

Share Price Information for Vodafone (VOD)

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

Last checked at -

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

25 Jan 2024 11:33

Emirates stake in Vodafone poses national security risk, UK says

LONDON, Jan 25 (Reuters) - Emirates Telecommunications' stake in Vodafone is a national security risk in respect of the British company's government contracts, Britain said, adding that Vodafone should take steps to manage the risk. (Reporting by Paul Sandle and Elizabeth Piper, Editing by Kylie MacLellan)

22 Jan 2024 09:02

Vodafone hails successful European test of enhanced 5G uplink tech

(Alliance News) - Vodafone Group PLC, Qualcomm Inc and Xiaomi Corp on Monday said a first successful 5G test of its kind in Europe will pave the way for faster upload speeds and wider coverage during 2024.

18 Jan 2024 09:16

LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

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

17 Jan 2024 15:17

Norway's Telenor hopes for consolidation in Europe, CEO says at Davos

DAVOS, Switzerland, Jan 17 (Reuters) - Norway's Telenor hopes to see consolidation in the European telecoms sector although the company itself does not have concrete plans at the moment, its CEO told the Reuters Global Markets Forum in Davos on Wednesday.

16 Jan 2024 16:17

London close: Stocks finish lower as wage growth eases

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

16 Jan 2024 10:25

Vodafone signs $1.5 bln Microsoft deal for AI, cloud and IoT

LONDON, Jan 16 (Reuters) - Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets.

16 Jan 2024 08:53

TOP NEWS: Vodafone and Microsoft sign 10-year strategic deal

(Alliance News) - Vodafone Group PLC and Microsoft Corp on Tuesday announced a new strategic partnership focused on cloud strategy, digital services and generative artificial intelligence.

16 Jan 2024 07:19

Vodafone to invest $1.5bn in new Microsoft partnership

(Sharecast News) - Vodafone has signed a 10-year strategic partnership with American software giant Microsoft which will see the UK-listed telecoms group invest $1.5bn over the next decade.

16 Jan 2024 07:00

Vodafone signs $1.5 bln Microsoft deal for AI, cloud and IoT

15 Jan 2024 09:11

LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson

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

12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

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

11 Jan 2024 08:13

Former ECB head Draghi consults business chiefs on EU competitiveness

Former ECB chief preparing report on EU competitiveness

10 Jan 2024 14:18

Former ECB head Draghi sounds out businesses to boost EU competitiveness

MILAN, Jan 10 (Reuters) - Mario Draghi met business leaders in Milan on Wednesday as the former Italian prime minister and European Central Bank chief prepares a report on how to boost the continent's competitiveness.

2 Jan 2024 18:36

Egyptians greeted by hefty price rises in new year

CAIRO, Jan 2 (Reuters) - Egyptians entered the new year facing a series of price hikes as the government battles to keep up with rampant inflation.

21 Dec 2023 17:13

London stocks slip after global rally pauses

FTSE 100, FTSE 250 down 0.3%

Latest Share Chat

Vodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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

Login to your account

Quickpicks are a member only feature

Login to your account