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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 67.82
Bid: 67.94
Ask: 67.98
Change: 0.34 (0.50%)
Spread: 0.04 (0.059%)
Open: 67.48
High: 68.52
Low: 67.22
Prev. Close: 67.48
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NZ Government To Recommend Ultra-Fast Broadband Partners By October

Fri, 02nd Jul 2010 03:38

WELLINGTON (Dow Jones)--The New Zealand government plans to make recommendations on investment partners for a NZ$3 billion ultra-fast broadband initiative by October, Crown Fibre Holdings said in a statement Friday. Crown Fibre Holdings is the government body managing the NZ$1.5 billion the government will invest in ultra-fast broadband over the next 10 years. It has received 33 proposals from 18 different parties and consortia to build the high-speed network. Selected private sector participants, known as Local Fibre Companies, will match the funding. Crown Fibre also said it will ask interested parties to resubmit refined proposals after some amendments to the UFB model. Under the new terms, open access will be offered at both Layer 1 services and Layer 2 services. Open access means that the UFB must be made available to any service provider on equal terms. Layer 1 is normally associated with passive fibre optic network infrastructure, while Layer 2 is normally associated with active fibre optic network infrastructure, or the electronics that light fibre. Refined proposals must be submitted by August. Interested parties include Telecom Corp. of New Zealand Ltd. (TEL.NZ). However, the government has said telecommunications retailers cannot hold a majority share in any of the Local Fibre Companies in the UFB network. As a result, Telecom is currently investigating structural separation, possibly spinning off its network company Chorus, so it can participate in the government's initiative. Vodafone Group PLC's (VOD) local unit and Canada's Axia NetMedia Corp. (AXANF) have also formed an alliance to participate in the initiative. Lines company Vector Ltd. (VCT.NZ) is also seeking to participate. -By Rebecca Howard, Dow Jones Newswires; 64-4-471-5990; rebecca.howard@dowjones.com (END) Dow Jones Newswires July 01, 2010 22:38 ET (02:38 GMT)
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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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13 Dec 2023 17:07

European shares subdued as markets look to Fed decision for cues

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12 Dec 2023 18:34

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

Kyivstar's IT systems 'partially destroyed'

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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.

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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.

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12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

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12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

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12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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