Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 75.24
Bid: 75.18
Ask: 75.22
Change: -1.92 (-2.49%)
Spread: 0.04 (0.053%)
Open: 76.72
High: 76.94
Low: 74.92
Prev. Close: 77.16
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK govt admits return of mobile roaming charges in no-deal Brexit

Thu, 07th Feb 2019 11:55

(Sharecast News) - Britons face a return to exorbitant mobile phone roaming charges if the UK crashes out of the EU without a deal, the government admitted on Thursday.The move was confirmed by Culture, Media and Sport Secretary Jeremy Wright after he was summoned to parliament to answer an emergency question tabled by Labour deputy leader Tom Watson.A government regulation was laid unannounced in parliament on Tuesday that would revoke the existing law that guarantees no extra charges for mobile phone usage within the 28 member bloc.Watson accused the government of caving in to the "lobbying might of telecoms companies" after it emerged that it had rejected calls from consumer bodies to maintain the current regime.In an explanatory note to go with the legislation, the government said it had decided "not to adopt this proposal"."The Roaming Regulation establishes harmonised rules across the EU which underpin surcharge-free roaming, and these will become inoperable after exit. In addition, the costs of regulating retail roaming charges without harmonised wholesale charges may lead to roaming becoming unaffordable for many operators." it stated.Wright said operators have claimed they had no plans to increase tariffs after March 29, when Britain leaves the EU, although Watson expressed scepticism that they would stick to this arrangement."He and I both know, and more importantly voters know, what that phrase really means. The reason the EU introduced free roaming in the first place is because the telecoms companies could not be trusted to give consumers a fair deal," Watson said."This is how holidaymakers have been hit by Brexit chaos. First, the value of the pound has plummeted, thus increasing the cost of family holidays. Secondly, we will have to pay for visas to travel to the EU. Thirdly, we will be hit by a Brexit bill to use our mobiles abroad.""If the Secretary of State does not want to go down in history as the Minister for the Tory triple whammy tourist tax, I suggest that he adopts a different course."Roaming charges were axed in 2017 after the EU concluded operators were taking advantage of consumers who used their phones abroad. The move had been initially opposed during consultations by the the Labour government of Tony Blair, which was heavily lobbied by the industry.
More News
4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

Read more
4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

Read more
4 Apr 2024 07:37

CMA to launch in-depth probe into Vodafone's merger with Three

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

Read more
28 Mar 2024 15:05

Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

Read more
28 Mar 2024 13:54

IN BRIEF: Vodafone Chair Boxmeer buys GBP570,000 in shares

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Chair Jean-Francois van Boxmeer buys 823,500 shares at GBP0.69 each, worth GBP568,215, in London on Wednesday.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

Read more
26 Mar 2024 11:21

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT, March 26 (Reuters) - Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

Read more
26 Mar 2024 11:15

UPDATE: Vodafone Germany cuts 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Dusseldorf, Germany-based subsidiary of Vodafone Group PLC announced on Tuesday.

Read more
26 Mar 2024 10:43

Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

Read more
26 Mar 2024 10:42

Vodafone Germany cutting 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Germany, Dusseldorf-based subsidiary of Vodafone Group PLC announced Tuesday.

Read more
22 Mar 2024 16:09

London close: Stocks mixed as Bailey hints at rate cuts

(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.

Read more
22 Mar 2024 11:46

LONDON MARKET MIDDAY: FTSE 100 boosted after week of rate decisions

(Alliance News) - The FTSE 100 in London were higher at midday on Friday, as investor sentiment remained high, after there were no surprises from UK and US central banks this week.

Read more
22 Mar 2024 09:19

TOP NEWS: UK CMA says Vodafone/Three merger raises competition worries

(Alliance News) - The UK Competition & Markets authority on Friday said a planned merger between Vodafone UK and Three UK could raise consumer prices and harm investment into UK mobile networks.

Read more
22 Mar 2024 07:32

CMA warns Vodafone, Three deal will face full probe if solutions not given

(Sharecast News) - Vodafone and Three UK have been told to find ways to assuage Britain's competition regulator that their planned $19bn merger would not leave consumers worse off or face a full investigation.

Read more
18 Mar 2024 16:23

Director dealings: Vodafone CFO makes share purchase

(Sharecast News) - Vodafone Group revealed on Monday that chief financial officer Luka Mucic had acquired 2.46m ordinary shares in the FTSE 100-listed telecommunications giant.

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.