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Share Price Information for Vodafone (VOD)

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Share Price: 75.62
Bid: 75.58
Ask: 75.62
Change: 0.84 (1.12%)
Spread: 0.04 (0.053%)
Open: 74.90
High: 75.90
Low: 74.52
Prev. Close: 74.78
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"Merry Christmas" - First SMS sells for over 100,000 euros in Paris auction

Tue, 21st Dec 2021 15:41

PARIS, Dec 21 (Reuters) - The first text message ever sent,
reading "Merry Christmas," was sold on Tuesday for 107,000 euros
($121,000) as a 'Non-Fungible Token' at a Paris auction house.

The text, which was sent on Dec. 3, 1992, was put up for
auction by the British telecoms company Vodafone.

Vodafone engineer Neil Papworth sent the SMS from his
computer to a manager in the United Kingdom, who received it on
his 2-kg (4 lb) "Orbitel" telephone - similar to a desk phone
but cordless and with a handle.

"They were in the middle of end-of-year events so he sent
him the message 'Merry Christmas'," said Maximilien Aguttes,
head of development for the Aguttes Auction House.

Non-Fungible Tokens, or NFTs, are a type of digital asset
that has surged in popularity this year, with NFT artworks
selling for millions of dollars.

Traded since around 2017, these digital objects, which
encompass images, video, music and text, exist on blockchain, a
record of transactions kept on networked computers. Each NFT has
a unique digital signature.

The selling of intangible goods is not legal in France and
so the auction house has packaged the text message in a digital
frame, displaying the code and communication protocol, Aguttes
said.

The buyer will receive the replica of the original
communication protocol that transmitted the SMS and proceeds
will go to the United Nations Refugee Agency UNHCR.
($1 = 0.8872 euros)
(Reporting by Antony Paone and Lea Guedj; writing by Layli
Foroudi; editing by Richard Lough and Philippa Fletcher)

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