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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 76.50
Bid: 76.40
Ask: 76.56
Change: -0.66 (-0.86%)
Spread: 0.16 (0.209%)
Open: 76.72
High: 76.88
Low: 76.18
Prev. Close: 77.16
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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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15 Mar 2024 09:25

Vodafone Germany makes surprise chief executive change

(Alliance News) - The head of telecommunications provider Vodafone Germany, Philipp Rogge, has announced plans to leave the company at the end of the month in a surprise move after less than two years at the helm.

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15 Mar 2024 08:43

LONDON MARKET OPEN: FTSE 100 treads water; buyback boosts Vodafone

(Alliance News) - Stock prices in London opened in a muted fashion on Friday, as a hotter-than-expected US producer price reading stifled risk appetite, with focus beginning to move to interest rate decisions from the Federal Reserve and Bank of England next week.

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15 Mar 2024 07:46

LONDON BRIEFING: Vodafone, Scottish Mortgage Investment plan buybacks

(Alliance News) - London's FTSE 100 is called to open fractionally lower on Friday, possibly a tepid end to a decent week, as a robust US producer price reading hurt risk appetite on both sides of the Atlantic.

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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.

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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.

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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.

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29 Feb 2024 13:11

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

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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.

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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.

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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.

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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.

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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.

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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.

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