The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 69.40
Bid: 69.30
Ask: 69.34
Change: 1.32 (1.94%)
Spread: 0.04 (0.058%)
Open: 68.48
High: 69.78
Low: 68.48
Prev. Close: 68.08
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 3-UK grants Huawei a limited role in 5G, defying President Trump

Tue, 28th Jan 2020 10:36

* UK risks Trump's ire by giving Huawei role in 5G

* Washington had warned Johnson against doing so

* China's Huawei welcomes decision
(Adds details and quotes)

By Jack Stubbs and Paul Sandle

LONDON, Jan 28 (Reuters) - Prime Minister Boris Johnson on
Tuesday granted China's Huawei a limited role in Britain's 5G
mobile network, resisting U.S. pressure to exclude the company
from next generation communications on fears China could use it
to steal secrets.

In the biggest test of his post-Brexit foreign policy to
date, Johnson ruled that "high-risk vendors" would be allowed
into the "non-sensitive" parts of 5G networks, but their
involvement would be capped at 35%.

They would be excluded from the sensitive core of networks,
where data is processed, and banned from all critical networks
and sensitive locations such as nuclear sites and military
bases, the government said.

The decision will dismay President Donald Trump's
administration which fears China could use Huawei to steal
secrets and which has warned that if London gives Huawei a role
then it could scale back intelligence cooperation.

"This is a UK-specific solution for UK-specific reasons and
the decision deals with the challenges we face right now,"
Communications Secretary Nicky Morgan said following a meeting
of the National Security Council chaired by Johnson.

Huawei was not mentioned by name in the British government's
statement, but British cyber security officials said they had
always treated the company as a "high risk" vendor.

The White House and U.S. state department did not
immediately respond for a request to comment.

Huawei, though, was happy.

"Huawei is reassured by the UK government's confirmation
that we can continue working with our customers to keep the 5G
roll-out on track," said Victor Zhang, Vice-President, Huawei.

"This evidence-based decision will result in a more
advanced, more secure and more cost-effective telecoms
infrastructure that is fit for the future. It gives the UK
access to world-leading technology and ensures a competitive
market."

Sources told Reuters last week senior British officials had
proposed granting Huawei a limited role in the 5G network - a
"calculated compromise" which could be presented to Washington
as a tough restriction but also accepted by British operators
already using the company's equipment.

Huawei, the world’s biggest producer of telecoms equipment,
says the United States wants it blocked from Britain's 5G
network because no U.S. company can offer the same range of
technology at a competitive price.

The United States has argued that as 5G technology evolves,
the distinction between the "edge" and "core" will blur as data
is processed throughout the network, making it difficult to
contain any security risks.

Huawei's equipment is already used by Britain's biggest
telecoms companies such as BT and Vodafone, but
it has been largely deployed at the "edge" of the network and
excluded in the "core" where data is processed.
(Reporting by Jack Stubbs, Luke Baker, Kylie MacLellan and Paul
Sandle; Editing by Alexander Smith and Jon Boyle)

More News
13 Nov 2023 12:28

Tuesday preview: US consumer prices, Vodafone in focus

(Sharecast News) - Financial markets' attention on Tuesday will be on the latest consumer price data in the U.S..

Read more
13 Nov 2023 10:00

TOP NEWS: Vodafone partners with Accenture for share services business

(Alliance News) - Telecommunications provider Vodafone Group PLC on Monday said it has struck an agreement with Accenture to form a new shared services joint venture.

Read more
13 Nov 2023 07:41

LONDON BRIEFING: BAE backs upgraded guidance; Royal Mail fined

(Alliance News) - Stocks in London are called higher on Monday, as investors look ahead to the latest US inflation print.

Read more
13 Nov 2023 07:27

Vodafone unveils plans for strategic partnership with Accenture

(Sharecast News) - Vodafone Group unveiled plans for a strategic partnership with Accenture on Monday to accelerate the commercialisation of shared operations.

Read more
9 Nov 2023 14:14

EARNINGS AND TRADING: Chapel Down hopes to make splash on AIM

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
7 Nov 2023 15:51

UK earnings, trading statements calendar - next 7 days

Wednesday 8 November 
Conduit Holdings LtdQ3 Results
Hiscox LtdTrading Statement
HgCapital Trust PLCQ3 Results
ITV PLCTrading Statement
JD Wetherspoon PLCQ1 Results
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
Thursday 9 November 
3i Group PLCHalf Year Results
Apax Global Alpha LtdQ3 Results
AstraZeneca PLCQ3 Results
Auto Trader Group PLCHalf Year Results
B&M European Value Retail SAHalf Year Results
Burford Capital LtdQ3 Results
Domino's Pizza Group PLCTrading Statement
Endeavour Mining PLCQ3 Results
Flutter Entertainment PLCTrading Statement
IMI PLCTrading Statement
Indivior PLCQ3 Results
John Wood Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
National Grid PLCHalf Year Results
Regional REIT LtdTrading Statement
Renewi PLCHalf Year Results
S4 Capital PLCTrading Statement
Tate & Lyle PLCHalf Year Results
Taylor Wimpey PLCTrading Statement
TBC Bank Group PLCQ3 Results
TheWorks.co.uk PLCTrading Statement
Trakm8 Holdings PLCHalf Year Results
Urban Logistics REIT PLCHalf Year Results
Vistry Group PLCTrading Statement
WH Smith PLCFull Year Results
Wincanton PLCHalf Year Results
Wizz Air Holdings PLCHalf Year Results
Friday 10 November 
Allianz Technology Trust PLCQ3 Results
Wheaton Precious Metals CorpQ3 Results
Monday 13 November 
Bank of Cyprus Holdings PLCQ3 Results
British Land Co PLCHalf Year Results
Kainos Group PLCHalf Year Results
Team Internet Group PLCQ3 Results
Tuesday 14 November 
ActiveOps PLCHalf Year Results
Babcock International Group PLCHalf Year Results
Bank of Georgia Group PLCQ3 Results
Castings PLCHalf Year Results
ConvaTec Group PLCTrading Statement
DCC PLCHalf Year Results
Forterra PLCHalf Year Results
Gear4Music PLCHalf Year Results
Genel Energy PLCTrading Statement
HydrogenOne Capital Growth PLCQ3 Results
Hill & Smith PLCTrading Statement
Imperial Brands PLCFull Year Results
Informa PLCTrading Statement
Land Securities Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Renalytix PLCQ1 Results
Tullow Oil PLCTrading Statement
Vesuvius PLCTrading Statement
Vodafone Group PLCHalf Year Results
Wise PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
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

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.