Roundtable Discussion; The Future of Mineral Sands. 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: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.62 (0.91%)
Spread: 0.04 (0.058%)
Open: 67.96
High: 68.74
Low: 67.82
Prev. Close: 67.82
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 2-Britain's mobile operators team up to tackle rural 'not-spots'

Fri, 25th Oct 2019 08:41

* Networks and government propose 1 billion pound plan

* Four networks plan to share masts in some rural areas

* Govt will invest to build new shared infrastructure in not
spots
(Adds detail, further quotes)

By Paul Sandle

LONDON, Oct 25 (Reuters) - Britain's four mobile network
operators have agreed to build a shared rural network, backed by
government funds, banishing countryside "not-spots" where
consumers are unable to get an adequate signal.

EE, Vodafone, O2 and Three
will collectively spend 532 million pounds ($684 million) over
20 years, according to the plan published on Friday, potentially
supported by a 500 million pound investment from the government.

The operators would invest in new and existing phone masts
they would all share under the proposal, which the government
hopes will be formalised early next year.

Digital Secretary Nicky Morgan said she is determined to
make sure no part of the country is left behind in mobile
connectivity.

"Brokering an agreement for mast sharing between networks
alongside new investment in mobile infrastructure will mean
people get good 4G signal no matter where they are or which
provider they're with," she said.

"But it is not yet a done deal and I want to see industry
move quickly so we can reach a final agreement early next year."

The operators have agreed to share existing masts and
infrastructure in areas where there is coverage from at least
one but not all operators.

If this is delivered, the government will then commit up to
500 million pounds of investment to eliminate total not-spots -
the hard-to-reach areas where there is no coverage from any
operator.

The agreement will bring high-quality 4G coverage to 95% of
Britain by 2025, the government said.

Poor mobile coverage in rural areas has been a problem in
Britain for many years, affecting residents and visitors
including former Prime Minister David Cameron, who has said he
had to cut short holidays in Cornwall, in England's south west,
because of poor communications.

The government has pushed operators to come up with a
solution, including proposing "in-country roaming", where
customers would switch to rival networks if they could not
connect to their own.

Vodafone UK's Chief Technology Officer Scott Petty said the
networks started working on the plan a year ago, before engaging
with government and the regulator Ofcom.

"It will result in great coverage for the country in the
most cost-effective way," he said. "We are sharing our
infrastructure as much as possible, it's great for consumers,
who will have maximum choice wherever they live in the UK."

The allocation of costs had been agreed between the
operators, depending on existing levels of coverage, he said.

The infrastructure sharing plan was far superior to
in-country roaming, which was technically difficult, would drain
users' batteries and hamper competition and investment, he said.

($1 = 0.7780 pounds)
(
Editing by David Goodman, Kirsten Donovan)

More News
2 May 2024 07:03

Swisscom posts steady Q1 profit, says Vodafone Italia deal on track

May 2 (Reuters) - Telecoms group Swisscom reported a slightly lower first-quarter core profit on Thursday, but beat market expectations, as business in its core Swiss and Italian markets continued to develop positively.

Read more
2 May 2024 06:35

Swisscom plans completion of Vodafone Italia takeover in Q1 2025

May 2 (Reuters) - Swiss telecoms group Swisscom said on Thursday its takeover of Vodafone Italia is on track and expected to be completed in the first quarter of 2025.

Read more
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

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.