Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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: 69.72
Bid: 69.92
Ask: 69.94
Change: -0.94 (-1.33%)
Spread: 0.02 (0.029%)
Open: 70.46
High: 70.88
Low: 69.46
Prev. Close: 70.66
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Court blocks Deutsche Telekom plans to cap Internet speed

Wed, 30th Oct 2013 12:45

FRANKFURT, Oct 30 (Reuters) - Deutsche Telekom will not be able to cap Internet connection speeds whencustomers exceed data limits on flat-rate packages, a Germancourt ruled on Wednesday.

The district court of Cologne said the plans would place an"unreasonable disadvantage to the customers" as they count onInternet for a fixed price at stable connection speeds.

Earlier this year, Deutsche Telekom watered down plans tocap data speeds over fixed broadband lines following a publicoutrage.

It had said that, from 2016, customers who signed up forflat-rate Internet deal and who exceed their monthly datadownload limit would see their surfing speed capped at 2megabits per second (Mbit/s).

Deutsche Telekom customers in certain areas with glass fibrenetworks can get speeds of up to 200 Mbit/s, making the capequivalent to just 1 percent of what those customers had signedup for.

Although this was an improvement from earlier plans torestrict speeds to 384 kilobits per second, such a cap wouldstill lead to long waiting times to access websites and make italmost impossible to stream music and movies.

The case was brought to court by consumer lobby groupVerbraucherzentrale NRW, which said in a statement that afterthis ruling there was no legal basis for an Internet speed cap.

Deutsche Telekom said it would study the ruling and expectedto appeal it.

Germany's former telecom monopoly is in fierce competitionwith cable companies that have upgraded their lines designedoriginally to only deliver TV to homes so that they can alsocarry Internet and voice calls.

They offer Internet at speeds often five times faster thanthe competing services from telecom operators.

Earlier this month, Vodafone completed the 7.7billion euro acquisition of Kabel Deutschland, hopingto snatch some of Deutsche Telekom's 12.4 million broadbandcustomers, giving it a market share of more than 40 percent.

More News
26 Jun 2023 17:15

FTSE 100 inches lower as defence firms drag; commodity-linked stocks rise

Defence firms fall after an aborted mutiny in Russia

*

Read more
21 Jun 2023 16:16

EU antitrust regulators scrap probe into Fox unit, Ziggo

BRUSSELS, June 21 (Reuters) - EU antitrust regulators have scrapped an investigation into a Fox unit and Netherlands-based Ziggo Sport over European sports rights in 2020, two years after raiding their premises, according to an update on the European Commission website.

Read more
21 Jun 2023 07:41

Vodafone hires Morgan Stanley to weigh options for its Spanish unit - Expansion

MADRID, June 21 (Reuters) - Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish unit, Spanish newspaper Expansion reported on Wednesday citing unidentified market sources.

Read more
16 Jun 2023 14:54

Britain's antitrust head: competition is key to innovation

LONDON, June 16 (Reuters) - Competition is key to innovation, the head of Britain's antitrust authority told conference delegates on Thursday, a day after the watchdog said it would review a deal announced this week to create Britain's biggest mobile operator.

Read more
15 Jun 2023 12:07

LONDON MARKET MIDDAY: European equities downbeat ahead of ECB decision

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, as focus turned to the European Central Bank's interest rate decision due out in the early afternoon.

Read more
15 Jun 2023 08:35

Vodafone extends Hyundai partnership for in-car streaming services

(Alliance News) - Vodafone Group PLC on Thursday said that Hyundai Motor Co and Vodafone Business have extended their existing strategic partnership, which helps to provide customers with in-car connected streaming services.

Read more
14 Jun 2023 17:28

UK's FTSE 100 rises on mining boost; Fed decision awaited

Retail, films drive modest UK economic growth

*

Read more
14 Jun 2023 17:09

Vodafone CEO secures early win, but long road ahead on the deal front

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle has bagged her first win with a merger deal in Britain, but the time it took to get there and the tortuous road ahead shows the scale of the challenge she faces to turn around the telecoms group.

Read more
14 Jun 2023 17:05

Vodafone, Hutchison strike $19 bln deal to create UK mobile leader

Deal would create UK's biggest mobile operator

*

Read more
14 Jun 2023 16:56

LONDON MARKET CLOSE: Europe rises as US inflation eases pre-Fed nerves

(Alliance News) - Blue-chip stocks in Europe ended higher on Wednesday, with Frankfurt's DAX 40 hitting a record high, as cooling US inflation all but ensures the Federal Reserve will decide against a rate hike later today.

Read more
14 Jun 2023 12:48

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:37

Vodafone boss: Hutchison deal doesn't change dividend policy

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle said the company's deal to merge its UK operations with that of CK Hutchison's did not affect its current dividend policy.

Read more
14 Jun 2023 12:30

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:17

LONDON MARKET MIDDAY: FTSE 100 up; Vodafone unveils UK mobile merger

(Alliance News) - The FTSE 100 index was higher at midday in London on Wednesday, buoyed by market confidence that the US Federal Reserve will hold interest rates steady later in the day, as well as a major merger announcement from telecommunications firm Vodafone.

Read more
14 Jun 2023 11:37

TOP NEWS: Vodafone and CK Hutchison unveil mega UK mobile merger

(Alliance News) - Vodafone Group PLC and CK Hutchison Holdings Ltd on Wednesday announced a tie-up of their UK telecommunications arms, following talks which began last year.

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.