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LONDON BROKER RATINGS: Barclays raises Travis Perkins to 'overweight'
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:
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Share Price Information for Vodafone (VOD)
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Share Price:
77.16
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77.28
Ask:
77.32
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0.04 (0.052%)
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Don't have an account? Click here to register.Vodafone UK edges closer to launching ultra-fast 4G mobile
Wed, 20th Feb 2013 07:35
Telecommunications giant Vodafone has edged a step closer to launching an ultra-fast mobile phone after it acquired a range of low frequency mobile phone spectrum.Mobile phone spectrum is a technical term referring to the part of electromagnetic spectrum which corresponds to radio frequencies. Mobile network operators need to own or control access to sections of spectrum, known as 'bands', in order to guarantee a consistent service to their customers.Vodafone's announcement on Wednesday disclosed that it had secured a range of spectrum licences for a 4G network in the UK for a total of £790m.The licence win was part of the fourth-generation (or 4G) wireless spectrum auction process conducted by Ofcom which allows smartphones to connect to the internet at faster speeds than the 3G network.The auction represents the largest sale of spectrum in the UK for over a decade and saw spectrum sold in two bands: 800MHz and 2.6GHz.The lower-frequency 800MHz band is more expensive for telecoms companies as its longer wavelengths carries signals around 10 times further, according to The Guardian. However, the 2.6GHz spectrum is said to be used for more localised services and to enhance wireless hotspots.Vodafone UK said on Wednesday morning that in the principal round of the auction, it acquired spectrum of 2x10MHz in the 800MHz band and 2x20MHz in the 2.6GHz band, plus an additional 25MHz of unpaired spectrum in the 2.6GHz band."We've secured the low frequency mobile phone spectrum that will support the launch of our ultra-fast 4G service later this year," said Vodafone's Chief Executive Guy Laurence."It will enable us to deliver services where people really want it, especially indoors. This is great news for our customers. The next generation of mobile internet services will bring real benefits to both consumers and businesses."
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15 May 2024 10:09
TOP NEWS: Vodafone commences EUR500 million share buyback programme
(Alliance News) - Vodafone Group PLC on Wednesday said it began a share buyback programme of up to EUR500 million, a day after saying it would begin a wider EUR2.0 billion scheme following Spanish authorities giving the green light to the planned sale of its Spanish business.
Read more15 May 2024 09:22
LONDON BROKER RATINGS: JPMorgan puts B&M on 'negative catalyst watch'
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more15 May 2024 07:44
LONDON BRIEFING: Stocks set to see gains ahead of US inflation data
(Alliance News) - Stocks in London are called higher, as investors shrug off nerves ahead of a key US inflation reading.
Read more14 May 2024 17:38
Vodafone reports 2% rise in annual profit after stronger final quarter
Core earnings rise 2.2%, meeting market forecasts
*Read more14 May 2024 17:20
14 May 2024 16:55
LONDON MARKET CLOSE: FTSE 100 up despite Powell's US inflation caution
(Alliance News) - London's FTSE 100 edged higher on Tuesday, shaking off a warning from Federal Reserve Chair Jerome Powell on inflation, as well as tensions between the US and China.
Read more14 May 2024 16:40
London close: Stocks manage gains as unemployment rises
(Sharecast News) - London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief economist Huw Pill.
Read more14 May 2024 16:21
TOP NEWS: Vodafone to start share buyback after Spanish deal cleared
(Alliance News) - Vodafone Group PLC on Tuesday said it plans to kick off its EUR2.0 billion share buyback programme after Spanish authorities gave the green light to the planned sale of its Spanish business.
Read more14 May 2024 12:07
LONDON MARKET MIDDAY: Stocks flat; BoE's Pill says summer cut possible
(Alliance News) - Stocks in London made muted progress on Tuesday, ahead of key US data, as a leading Bank of England economist suggested talk of a summer rate cut was not "unreasonable."
Read more14 May 2024 10:47
TOP NEWS: Vodafone says more "to be done" after annual earnings beat
(Alliance News) - Vodafone PLC on Tuesday reported a return to growth in Germany, as it delivered full-year results slightly ahead of its expectations.
Read more14 May 2024 09:52
LONDON MARKET OPEN: Stocks steady after soft jobs data; Vodafone stars
(Alliance News) - Stocks in London on Tuesday edged higher in early trading as soft jobs data boosted hopes of an interest rate cut in June.
Read more14 May 2024 07:46
LONDON BRIEFING: UK wage growth above forecasts; Greggs sales rise
(Alliance News) - London's FTSE 100 index is called marginally lower on Tuesday, as the market awaits the release of key US economic data.
Read more14 May 2024 07:03
Vodafone FY Vodafone cash flow better than expected
(Sharecast News) - Troubled telecoms giant Vodafone posted slightly better annual results than forecast, driven by a strong final quarter, as it continued to offload businesses and move towards its tie-up with rival operator Three.
Read more13 May 2024 15:06
Tuesday preview: UK employment, Fed's Powell, Vodafone in focus
(Sharecast News) - Investors' attention will be trained on the latest UK employment report on Tuesday.
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