Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. 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: 69.00
Bid: 68.86
Ask: 68.88
Change: -0.34 (-0.49%)
Spread: 0.02 (0.029%)
Open: 69.34
High: 70.04
Low: 68.36
Prev. Close: 69.34
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-Vodafone turns to sport and songs to sell 4G in Britain

Wed, 07th Aug 2013 15:36

By Paul Sandle

LONDON, Aug 7 (Reuters) - Vodafone has turned tosports and music to set its 4G superfast mobile service apartwhen it finally launches in Britain later this month incompetition with O2 and the well-established offer from EE.

The mobile operator, the third largest after EE andTelefonica's O2 in Britain, is offering 150 hours ofPremier League soccer from Sky Sports or music fromonline streaming service Spotify Premium as well as unlimiteddata for three months to customers who switch.

"Our view on what 4G brings is very different to ourcompetitors," Guy Laurence, chief executive of Vodafone UK, saidon Wednesday.

"We believe it's all about entertainment, so we intend tobring our customers the very best in entertainment built intothe price plans for 4G."

Britain has been slow to introduce superfast broadbandcompared with the United States and other European countries.

Vodafone is joining O2 in launching 4G services on August29, bringing competition to EE, which has had the superfastmobile broadband market to itself since October 2012.

The roll-out is seen as vital to the future of mobileoperators which have been squeezed by fierce competition andfalling prices in their core European markets, while having toprovide faster networks for consumers who increasingly want towatch video on the go.

The Vodafone 4G service, which starts at 26 pounds ($40) amonth, in line with rivals, will be available only in London atlaunch, and in 12 further cities by the end of the year.

But all Vodafone customers will be able to add the sport ormusic services to existing bundled packages of data, texts andvoice calls for an additional 5 pounds a month, Laurence said,and then move to the faster network when it is rolled out.

Ovum telecoms analyst Emeka Obiodu said it was remarkablethat Vodafone was focusing on the tariff and content rather thanspeed and coverage.

"We sense that Vodafone wants to avoid the 3G lesson whereit worked so hard to create the best 3G network, yet lost out asrivals, especially O2, delivered a better appealing propositionto customers," he said.

"So this time, Vodafone is focusing on getting thecommercial proposition right. We expect the deals with Spotifyand Sky Sports to appeal to a lot of customers, although thedownside is that Vodafone might have been forced to rush out theannouncement, when it has covered only a few cities, as to syncwith the start of the Premier League."

EE, a joint venture between Orange and DeutscheTelekom, launched Britain's first 4G network inOctober after regulators allowed it to re-use its existingairwaves.

It has sold its service on speed, and it offers a 24-30megabits-per-second (Mbps) service in 15 cities, and a standard12-15 Mbps services in a further 80 towns and cities. It hadsigned up 687,000 customers by end-June, which it said put it ontrack for 1 million by the end of the year.

Laurence said Vodafone did not have a public target forcustomer numbers, but he was confident that its focus onentertainment would attract customers from competing networks aswell as rewarding loyal Vodafone subscribers.

More News
16 Apr 2024 08:41

Vodafone appoints SAP's Marika Auramo as CEO of Business arm

(Alliance News) - Vodafone Group PLC on Tuesday said Marika Auramo has been appointed as chief executive of Vodafone Business.

Read more
16 Apr 2024 07:46

Vodafone taps SAP executive to lead business division

(Sharecast News) - Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.

Read more
4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

Read more
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

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.