REMINDER: Our user survey closes on Friday, please submit your responses 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: 67.92
Bid: 68.04
Ask: 68.08
Change: -0.52 (-0.76%)
Spread: 0.04 (0.059%)
Open: 68.00
High: 68.98
Low: 67.86
Prev. Close: 68.44
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-New German rules leave 5G telecoms door open to Huawei

Mon, 14th Oct 2019 12:28

(Updates with government confirmation, comment)

By Andreas Rinke and Douglas Busvine

BERLIN, Oct 14 (Reuters) - Germany has finalised rules for
the build-out of 5G mobile networks that, in a snub to the
United States, will not exclude China's Huawei Technologies
.

Government officials confirmed that Germany's so-called
security catalogue foresaw an evaluation of technical and other
criteria, but that no single vendor would be barred in order to
create a level playing field for equipment vendors.

"We are not taking a pre-emptive decision to ban any actor,
or any company," German government spokesman Steffen Seibert
told a news conference in Berlin on Monday.

The United States has piled pressure on its allies to shut
out Huawei, the leading telecoms equipment vendor with a global
market share of 28%, saying its gear contained 'back doors' that
would enable China to spy on other countries.

German operators are all customers of Huawei and have warned
that banning the Chinese vendor would add years of delays and
billions of dollars in costs to launching 5G networks.

The Shenzhen-based company has denied the allegations by
Washington, which imposed export controls on Huawei in May,
hobbling its smartphone business and raising questions over
whether the Chinese company can maintain its market lead.

U.S. officials have also argued that, under China's national
intelligence law, all citizens and companies are required to
collaborate in espionage efforts.

GROUND RULES CONFIRMED

Officials said Germany's security catalogue was due to be
published shortly, confirming an earlier decision to keep a
level playing field for suppliers to next-generation networks
that will power ultra-fast mobile broadband services or run
'smart' factories, offices and cities.

With billions of devices, sensors and cameras expected to be
hooked up, 5G networks will be far more ubiquitous than their
predecessors. At the same time, the fact that 5G networks rely
more on software that can be easily updated makes it harder to
keep track of cyber threats.

The German rules come after the European Union last week
warned of the risk of increased cyber attacks on 5G networks by
state-backed actors. A report compiled by member states stopped
short, however, of singling out China as a threat.

Network operators Deutsche Telekom, Vodafone
and Telefonica Deutschland would be required
to identify and apply enhanced security standards to critical
network elements, the Handelsblatt daily reported earlier,
citing the draft rulebook.

More broadly, vendors should be certified as trustworthy,
giving customers legal recourse to exclude them and seek damages
if proof is found that equipment had been used for spying or
sabotage.

Certification of critical equipment would meanwhile have to
be obtained from Germany's cybersecurity authority, the Federal
Office for Information Security (BSI).

Those requirements were in line with key ground rules set
back in March ahead of the drafting of the full set of rules by
the Federal Network Regulator (BNetzA) and the BSI.
(Reporting by Andreas Rinke;
Writing by Vera Eckert and Douglas Busvine; Editing by Alexander
Smith)

More News
7 Nov 2023 09:28

LONDON BROKER RATINGS: Watches of Switzerland impresses HSBC; Asos cut

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

Read more
31 Oct 2023 16:59

LONDON MARKET CLOSE: FTSE 100 returns early progress as BP disappoints

(Alliance News) - London-listed blue-chips faded after a bright start with falls in oil majors, and index heavyweights, BP and Shell dragging the FTSE 100 lower.

Read more
31 Oct 2023 15:41

London close: Stocks finish mixed, Rolls-Royce jumps on upgrade

(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.

Read more
31 Oct 2023 12:28

UPDATE: Vodafone pens EUR5 billion deal to sell Spanish arm to Zegona

(Alliance News) - Vodafone Group PLC and smaller London listing Zegona Communications PLC on Tuesday announced the sale of Vodafone Spain to Zegona.

Read more
31 Oct 2023 09:07

TOP NEWS: Vodafone sells Spanish arm to Zegona for up to EUR5 billion

(Alliance News) - Vodafone Group PLC and smaller London listing Zegona Communications PLC on Tuesday announced the sale of Vodafone Spain to Zegona.

Read more
31 Oct 2023 08:54

LONDON MARKET OPEN: Stocks rise; BP shares fall on profit miss

(Alliance News) - The FTSE 100 opened in the green on Tuesday, despite a share price fall for BP, one of the index's largest constituents, amid more positive trading sentiment in Europe and the US.

Read more
31 Oct 2023 07:46

Vodafone to sell Spanish business to Zegona for up to €5bn

(Sharecast News) - Vodafone said on Tuesday that it has agreed to sell its Spanish business to Zegona Communications for up to €5bn.

Read more
31 Oct 2023 07:41

LONDON BRIEFING: BP announces buyback; IG to cut 10% of staff

(Alliance News) - Stocks in London are called higher on Tuesday, as the FTSE 100 looks set to shake off weaker economic data from China.

Read more
24 Oct 2023 09:29

LONDON BROKER RATINGS: Barclays ups Rio Tinto; Liberum likes Indivior

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

Read more
23 Oct 2023 09:24

LONDON BROKER RATINGS: Jefferies raises Tullow Oil to 'hold'

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

Read more
17 Oct 2023 14:19

IN BRIEF: Vodafone Business division and e& hail customer win

Vodafone Group PLC - Newbury, Berkshire-based telecommunications provider - Says that Vodafone Business division and e& have signed a memorandum of understanding to jointly market, sell and service businesses and public sector organisations to support their digital transformations. e&, or Emirates Telecommunications Group Company PJSC, is a United Arab Emirates-based technology and investment company.

Read more
11 Oct 2023 12:11

CMA seeks feedback on Vodafone's planned merger with Three UK

(Sharecast News) - Vodafone's planned merger with Three UK came under the Competition and Markets Authority (CMA) spotlight on Wednesday, as the regulator invited feedback from third parties over the impact it could have on the competitive landscape.

Read more
11 Oct 2023 10:30

TOP NEWS: CMA probes UK business merger of Vodafone and Hutchison

(Alliance News) - The Competition & Markets Authority on Wednesday said it is considering whether the planned merger the UK businesses of Vodafone Group PLC and CK Hutchison Group Telecom Holdings Ltd would weaken competition.

Read more
11 Oct 2023 09:17

LONDON BROKER RATINGS: JPMorgan raises Croda; Berenberg cuts Atalaya

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

Read more
9 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks suffer amid Israel conflict

(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.

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.