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Vodafone Group PLC (VOD.L)

VOD.L on London Stock Exchange

206.10GBp
19 Jan 2017
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-1.50 (-0.72%)
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Latest Key Developments (Source: Significant Developments)

UK's Ofcom closes investigation into BT’s price compliance
Tuesday, 10 Jan 2017 06:13am EST 

UK's Office of Communications: Closed investigation concerning BT’s compliance with its cost-orientation obligations under general condition 18.5 on Jan.4 . Found that BT’s charges to Gamma and Vodafone for APCCs from January 2015 did not comply with the requirements of GC18.5(A) .Concluded that BT should amend its charges accordingly and make repayments to Gamma and Vodafone.  Full Article

Czech watchdog fines Vodafone, O2 Czech Republic CZK 99 mln for anti-competitive network connections
Monday, 9 Jan 2017 04:27am EST 

O2 Czech Republic , Vodafone Group Plc : Czech anti-monopoly office says fines Vodafone, O2 Czech Republic CZK 99 million for anti-competitive network connections . Fine to be shared by the two firms . Says firms illegally agreed since 2001 to connect their networks directly, without the alternative to engage third parties even if transit through third party was more favourable for customers . Says banned the agreement . Says first ruling on the issue was in 2003, this ruling follows court examination; says one party hads filed an appeal aginst this new ruling Further company coverage: [VOD.L] [SPTT.PR] ((prague.newsroom@thomsonreuters.com; +420 224 190 477;)).  Full Article

Vodafone says buys $2.5 bln worth notes issued by Verizon
Wednesday, 7 Dec 2016 10:22am EST 

Vodafone Group Plc : Repurchased outstanding $2.5 bln aggregate principal amount of floating rate notes due 2022 issued by Verizon .Notes were issued by Verizon to an indirect subsidiary of Vodafone on Feb. 21, 2014.  Full Article

UK's Ofcom announces access to BT poles for fibre network
Tuesday, 6 Dec 2016 04:08am EST 

UK's Ofcom : Simpler, cheaper access to BT's network for competitors to lay ultrafast broadband . This would give BT's competitors flexibility to innovate as technology evolves, and respond to changes in their customers' needs . Rental charges currently linked to Openreach's costs; but explicit cap on prices could provide greater planning certainty for providers . Plans for a full-fibre future . Plans to make it quicker and easier for rival providers to build their own fibre networks direct to homes and offices using BT's existing telegraph poles and 'ducts' .Also considering changes to Openreach's rental charges for accessing its duct network.  Full Article

Sky Network Television Ltd updates on merger of Co and Vodafone NZ
Sunday, 4 Dec 2016 02:46pm EST 

Sky Network Television Ltd : Merger of Sky Network Television Limited and Vodafone Nz . Sky and Vodafone have agreed a new extension to decision date for merger application . New decision date is Thursday 23 February 2017 .Commission continues to take appropriately thorough approach to transaction and Sky accepts need for more time to complete its deliberations.  Full Article

CK Hutchison says Indian tax authorities issued draft assessment order to Hutchison Telecommunications International
Friday, 2 Dec 2016 08:02am EST 

CK Hutchison Holdings Ltd<0001.HK>: Indian tax authorities issued a draft assessment order to hutchison telecommunications international limited . Has received a draft assessment order ( "dao") from indian tax authorities ("ita") dated 24 november 2016 . Htil believes that no assessment for alleged cgt can be validly imposed . does not believe that any assessment order or penalty proceedings related to alleged cgt will have any effect on company's financial condition .Dao proposes to impose tax on htil on alleged gains of about inr374 billion in respect of acquisition in 2007 by vodafone of CGP Investments (Holdings).  Full Article

Vodafone and Starhub renew strategic partnership agreement for Singapore
Wednesday, 30 Nov 2016 02:00am EST 

Vodafone Group : Vodafone And Starhub Renew Strategic Partnership Agreement For Singapore .All starhub mobile customers continue to benefit from mobile voice, data roaming propositions, including data on vodafone`s 4g networks.  Full Article

UK's competition watchdog outlines rules for mobile spectrum auction
Monday, 21 Nov 2016 02:17am EST 

UK's Ofcom : Outlines rules for mobile spectrum auction . Airwaves for mobile broadband to be sold in 2.3 ghz and 3.4 ghz bands . Propose to apply a cap, of 255 mhz, on "immediately useable" spectrum that any one operator can buy . As a consequence of this proposed cap, BT/EE would not be able to bid for spectrum in 2.3 ghz band . BT/EE currently holds 45 pct of immediately useable uk mobile spectrum. Vodafone holds 28 pct, O2 15 pct and three 12 pct. . Concerned that, if these immediately usable holdings were to become more unbalanced, this could harm competition in next few years . Not proposing a cap on amount of 3.4 ghz spectrum . As a result of new spectrum in market after award, BT/EE's overall share of immediately-useable spectrum will fall, from 45 pct to 42 pct .Plans to release further spectrum for mobile use.  Full Article

Italy antitrust opens probes into Telecom Italia, Vodafone
Wednesday, 16 Nov 2016 12:26pm EST 

Italian antitrust authority says: opens two separate probes into Telecom Italia and Vodafone for alleged abuse of dominant position in the bulk text message (SMS) market, used by companies for notifications to clients . the probes were opened after a company that uses the text message services said the two companies applied tariffs that did not allow users of the services to cover costs . probes are expected to end on Nov. 30, 2017 Further company coverage: [TLIT.MI] [VOD.L] (Reporting by Milan newsroom).  Full Article

Vodafone, Afrimax announce partner market deal for Cameroon
Friday, 23 Sep 2016 02:00am EDT 

Vodafone Group Plc :Vodafone and Afrimax Group today jointly announced a new non-equity partner market agreement for Cameroon.  Full Article

BRIEF-Czech watchdog fines Vodafone, O2 Czech Republic CZK 99 mln for anti-competitive network connections

* Czech anti-monopoly office says fines Vodafone, O2 Czech Republic CZK 99 million for anti-competitive network connections