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: 68.96
Bid: 69.08
Ask: 69.12
Change: 0.26 (0.38%)
Spread: 0.04 (0.058%)
Open: 68.76
High: 70.10
Low: 68.60
Prev. Close: 68.70
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's BT, Vodafone may seek PM Johnson's support for Huawei -sources

Fri, 17th Jan 2020 16:21

LONDON, Jan 17 (Reuters) - Britain's BT and Vodafone
are considering urging Prime Minister Boris Johnson not
to risk the rollout of next generation mobile networks by
banning China's Huawei, sources said, confirming a Sky
News report on Friday.

Britain is set to take a final decision on Huawei's role in
building new 5G networks this month.

U.S. government officials have pushed for a total ban on
Huawei on security grounds, and reports said they presented new
evidence on Monday about the risks of using the Chinese
company's equipment, branding it "madness".

BT and Vodafone, Britain's two largest telecoms companies,
are considering writing to Johnson to say they have seen no
evidence that would justify a total ban and to urge him to make
a fact-based decision, the sources said.

Vodafone, which uses Huawei's equipment in its radio
network, has previously said a blanket ban on the Chinese
company would costs it millions of pounds and significantly slow
down the roll-out of 5G networks.

It paused the deployment of the company's equipment in its
data-heavy core networks, a year ago until Western governments
give the company a full security clearance.

BT also uses Huawei's equipment in networks, but it is not
deployed in the intelligent core of its fixed-line network and
it is removing it from the core of its mobile network. In
addition, it has excluded Huawei from the bidding process for
its future 5G network.

Huawei vice president Victor Zhang said on Tuesday he was
confident the UK government would make a decision based upon
evidence, "as opposed to unsubstantiated allegations".

"Two UK parliamentary committees concluded there is no
technical reason to ban us from supplying 5G equipment and this
week the head of (security service) MI5 said there is 'no reason
to think' the UK's intelligence-sharing relationship with the
U.S. would be harmed if Britain continued to use Huawei
technology," he said.

BT and Vodafone declined to comment on the letter.
(Reporting by Paul Sandle; editing by David Evans)

More News
15 Mar 2024 06:58

TOP NEWS: Vodafone plans share buyback after Italy sale to Swisscom

(Alliance News) - Vodafone Group PLC on Friday said it has agreed to sell its Italian business to Swisscom AG for EUR8 billion and will return half of the proceeds to shareholders.

Read more
15 Mar 2024 06:45

Vodafone unveils €4bn capital return after selling Italian unit

(Sharecast News) - Vodafone and Swisscom have confirmed that the Swiss telecom group will take over Vodafone Italy for €8bn, enabling the UK company to return €4bn to shareholders.

Read more
29 Feb 2024 16:05

London close: Stocks finish positive as US inflation moderates

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

Read more
29 Feb 2024 13:11

Vodafone rallies on 'RARE' Betaville report

(Sharecast News) - Vodafone rallied on Thursday amid takeover speculation.

Read more
28 Feb 2024 15:01

London close: Stocks slip as US GDP growth decelerates

(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.

Read more
28 Feb 2024 08:59

TOP NEWS: Vodafone in talks to sell Italian arm in EUR8 billion deal

(Alliance News) - Vodafone Group PLC on Wednesday confirmed that it is in exclusive discussions with Swisscom AG regarding a potential sale of Vodafone Italy to Swisscom for cash.

Read more
28 Feb 2024 07:10

Vodafone to sell Italian operations to Swisscom for €8bn

(Sharecast News) - Vodafone has confirmed media speculation that it intends to sell its Italian operations to Swiss telecoms group Swisscom for an enterprise value of €8bn.

Read more
16 Feb 2024 08:52

Vodafone inks deal with RWE for offshore wind energy in Germany

(Alliance News) - Offshore wind turbines in the North Sea will power around 12,000 Vodafone Group PLC cellular network towers across Germany under a new deal that the mobile provider struck with German energy firm RWE AG.

Read more
15 Feb 2024 10:47

Swisscom sole bidder for Vodafone's Italian assets - report

(Sharecast News) - Swisscom has become the sole party still in discussions with Vodafone Group about its Italian assets, it was reported on Thursday.

Read more
14 Feb 2024 15:17

PRESS: Brussels open to telecoms mergers to support investment - FT

(Alliance News) - Brussels has signalled it is open to European telecoms mergers to help fund the rollout of 5G and update ageing networks, a report said Wednesday.

Read more
14 Feb 2024 10:56

Vodafone gets approval to add e& CEO Hatem Dowidar to board

(Alliance News) - Vodafone Group PLC on Wednesday said Hatem Dowidar, the chief executive of a United Arab Emirates-backed telecom group, will join its board from next week Monday.

Read more
7 Feb 2024 08:51

LONDON BROKER RATINGS: Jefferies cuts BioPharma Credit to 'hold'

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

Read more
5 Feb 2024 16:22

London close: Stocks turn lower on renewed interest rate concerns

(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.

Read more
5 Feb 2024 12:06

LONDON MARKET MIDDAY: FTSE 100 rises as UK service sector impresses

(Alliance News) - Stock prices in London were higher midday Monday, after data showed that the UK services sector kicked off the new year with its most robust performance since May.

Read more
5 Feb 2024 08:47

LONDON MARKET OPEN: London's stocks up on Wall Street rally

(Alliance News) - Stock prices in London opened higher on Monday, following New York's Friday rally thanks to a strong US jobs report.

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.