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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 77.16
Bid: 77.28
Ask: 77.32
Change: -0.02 (-0.03%)
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Open: 77.04
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UPDATE 1-EU telecom regulators take strict view of net neutrality rules

Tue, 30th Aug 2016 16:20

* EU adopted net neutrality rules last year

* EU regulators drew up guidelines to enforce them

* Telecoms firms limited in how they treat different typesof data (Adds Liberty Global comment, citizens' group comment)

By Julia Fioretti

BRUSSELS, Aug 30 (Reuters) - EU regulators on Tuesdayadopted a strict interpretation of rules limiting how telecomsfirms like Vodafone and Orange can prioritisesome types of internet traffic, aiming to protect the principlethat all web traffic be treated equally.

The guidelines on net neutrality were welcomed by internetactivists as ensuring the web remains an open platform and not atwo-speed highway, benefiting only companies with deep pocketsthat can pay for prioritised delivery.

"Because of this law, telecom companies won't be able tosell a first-class Internet to the mega-rich while the rest ofus travel coach," said Luca Nicotra, a senior campaigner forcitizens' group Avaaz.

The European Union adopted its first-ever net neutrality lawlast year and the latest guidelines will help determine howregulators enforce those rules.

The telecoms industry has been seeking to increase revenuesby offering specialised services that need a guaranteed level ofquality, to offset declining turnover from its traditionaltelephony business.

Companies had pushed for leeway allowing them to prioritisesome types of data over others, but under the latest guidelinesthey will only be able to offer so-called specialised services -such as connectivity for driverless cars and internet-connecteddevices - over dedicated network capacity if it is "objectivelynecessary" and only if it does not negatively affect theInternet.

"We encourage national regulators to maintain the pragmaticand flexible approach that was intended by the EU regulation andthat has served customers, innovation and industry in Europewell to date," said a spokesman for cable operator LibertyGlobal.

Services such as high-quality voice calling on mobilenetworks, live television delivered over the Internet and remotesurgery, or telesurgery, are likely to be allowed as specialisedservices, according to the guidelines.

The telecoms industry said it was essential to avoid"restrictive interpretations" of the net neutrality law.

"Let's make sure the implementation of net neutrality rulesdoes not hamper new applications and services," said Lise Fuhr,director general of ETNO, a telecoms lobbying group representingoperators including Deutsche Telekom, Telefonica and Telecom Italia.

Regulators also limited the extent to which telecomsoperators may exempt some applications, for example Facebook,from a customer's data usage, a practice known as zero-rating.

Customers would not be able to continue using Facebook or,say, Spotify, for free once they have used up all the data intheir subscription. (Editing by Susan Fenton and David Holmes)

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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.

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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.

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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.

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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.

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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:

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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18 Mar 2024 09:39

IN BRIEF: Vodafone CFO buys 2.5 million shares for GBP1.7 million

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Group Chief Financial Officer Luka Mucic purchased 2.5 million shares on Friday in London at 69.64 pence each for GBP1.7 million in total. Vodafone also on Friday announced the sale of its Italian business to Swisscom AG for EUR8 billion, with EUR4 billion to be returned to shareholders through a buyback. It said, however, that annual dividends from financial 2025 onwards will be rebased to 4.5 euro cents, down from 9.00 cents for financial 2024.

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