Category Archives: Vodafone
Vodafone now almost certain new owners, despite debt concerns
Britain’s Vodafone has been given a clear run at buying Kabel Deutschland, following news that rival bidder Liberty Global has thrown in the sponge. At one time it was thought that Liberty, owned by billionaire John Malone, might top Vodafone’s £9 billion offer. But Liberty has since had second thoughts, possibly deterred not just by the cost of competing but the fact that it already owns Germany’s second biggest cable operator and might hit a brick wall with regulators. Continue reading
Long history of MNOs supporting strange mobile OS
It was recently reported that the USA’s Verizon Wireless Mobile Network Operator (MNO) has become the latest member to join the Ubuntu Carrier Advisory Group. That group was formed only back in June 2013 (see here). It’s a significant move given that Verizon Wireless is the largest mobile network operator in the USA and widely regarded as being the most influential. The billion dollar question is … will this lead to Ubuntu being a major challenger? Or is it a bit like Mozilla which holds great promise but is till on the starting blocks? Continue reading
Won’t really help UK MNOs in short term
The UK’s telecoms watchdog really doesn’t understand the havoc that it has wreaked in bringing 4G to Britain. It’s now made another decision which it hopes will boost 4G but industry watcher, Ovum, reckons the move comes far too late to make much of a difference. Anyway, the UK’s MNOs (Mobile Network Operators) are now free to use their existing spectrum for whatever they want which includes 4G if they should so choose. Continue reading
UK’s EE claims LTE parity with South Korea
EE (formed from T-Mobile UK and orange UK) has announced that it is to double the speed of its 4G network. In theory the new ‘double speed’ 4G/LTE will offer 150 Mbit/s which is faster than the speeds claimed by the UK’s premium fixed broadband suppliers such as Virgin Media and BT. In practice, 4G users are likely to experience only around 30 MBit/s. EE’s CEO, Olaf Swantee claimed that, “We’re officially the world’s fastest 4G network, in line with South Korea.” Continue reading
Credit rating agency Fitch has raised the red flag over Vodafone, warning that its proposed acquisition of Kabel Deutschland could lead to excessive debt.
It says it the purchase goes ahead, it will probably downgrade the UK carrier one notch from its current A- rating. Some investors already fear that Vodafone might be paying too much for the acquisition which will cost a total of €10.7 billion (£9.1 billion) once Kabel’s debt is factored in.
“Competitive intensity in key markets or a worsening of the Eurozone crisis could put pressure on cash flow generation, which in turn could put pressure on the rating,” Fitch warned. Continue reading
Deal likely to be announced later today
Britain’s Vodafone is keeping mum [quiet] about whether it has triumphed in its bid for Germany’s Kabel Deutschland, despite sources suggesting it has clinched a deal for around €7.7 billion (£6.6 billion). Reports suggest the offer will be publicly approved by the German cable operator’s board later today (24th June 2013).2 Although only last week several other bidders – including Liberty Global, owner of Virgin Media in the UK – were still in the running. Continue reading
Not even a whisper of acquisition, it insists
Spain’s Telefonica has slapped down rumours that American giant AT&T had mounted a surprise takeover bid, but that the government had blocked the move. According to El Mundo newspaper, the friendly bid had been for some €70 billion ($93.5 billion) and €52 billion debt. AT&T has made no secret that it wants to expand beyond US shores, and even Britain’s Vodafone has been speculated as a possible target – with a bid possibly made in conjunction with fellow American operator Verizon Communications. Continue reading
Vodafone is expected to mount a second bid this week for Kabel Deutschland, despite having its initial €10 billion offer spurned.
According to several reports the new offer on the table is around €11 billion (£9.3 billion), though as the bidding escalates Vodafone investors are getting correspondingly worried about whether the UK carrier might end up paying through the nose. Last week shares in the carrier dropped 12p as news of the first bid emerged, closing at 180p, and could fall further today (17th June 2013) when London trading resumes.
Though Vodafone has insisted that it can finance any European expansion plans from its own resources, investors still fear that it might need to sell its 45 per cent stake in US venture Verizon Wireless for less than it could achieve were in not under any debt pressure. Continue reading
Vodafone shares fell nearly 6 per cent in London by close last night (12th June 2013), as analysts agonised over whether the operator’s renewed bid to acquire Kabel Deutschland might prove too expensive.
Though the share price was also driven down by the British operator going ex-dividend, it was the news that Vodafone was still pursuing the German cable operator that caused the most angst.
Kabel Deutschland, which provides television, Internet and phone services to more than eight million German households, saw its own value soar back in February when it was revealed that Vodafone might be interested in buying it for a reported €7.2 billion ($9.6 billion). That was refused, with some insiders suggesting that anything less than €90 per share would be similarly rejected. Continue reading
Lucrative new niche promised by combined mobile money venture
Weve, the mobile money and marketing venture brought together by Vodafone, EE and O2, is to go into overdrive this summer as it targets more than 17 million British customers with paid-for advertising. The initiative aims to provide member operators and partners with a single set of technical standards for use on all devices and networks, at the same time acting as a ‘one-stop-shop’ selling services to advertisers. In its original guise the venture was codenamed ‘Oscar’ and primarily envisaged as a mobile wallet service, though since it has evolved more into a marketing than pure payments platform. Continue reading
The future is probably merging markets like India
In its annual report entitled, ‘The way ahead introducing Vodafone 2015, the leading UK based MNO [Mobile Network Operator] has outlined its vision for 2015. You can read it here. The company says that in the current tough regulatory environment- particularly in Europe and India, it is hard to grow its business. The MNO argues that regulation has lowered barriers to entry which has allowed low or no-capital operators to compete. Vodafone’s answer is an increasing focus on unified communications, and growing exposure to emerging markets. Continue reading
Download speeds to double as Vodafone and others play catch-up
Britain’s biggest carrier EE says more than 500,000 people have now subscribed to its 4G service since since its launch last October, and now plans to expand the network as it entrenches its eight month headstart over rivals. EE, which embraces the Orange and T-Mobile brands, intends to launch the UK’s first shared mobile and tablet data plans at the same time as it ratchets up data speeds.
These will more than double to 80 megabits per second (Mbps) from the current average of 24-30 Mbps, making it easier for subscribers to view high definition video streams and swap large files – an offering that will also be available under pay-as-you-go contracts. Continue reading
Berg Insight says mass adoption coming in 2016
The European market for mobile wallet services is developing quickly, with substantial momentum behind NFC wallet services says a new market report ‘Mobile Wallet Services’ from Berg Insight. It aims to analyse the latest developments on the mobile payments market in Europe and North America. It predicts that a hefty number of wallet services will be launched by both financial institutions and MNO [Mobile Network Operators] by Q1 2014. Consequently, there will be mobile wallet services live in nearly half of the EU27 plus 2 countries. Continue reading
All thanks to ET Telecom which is behind allpay Mobile
Cognatel, the MVNA [mobile virtual network aggregator] is working with ET Telecom, the UK MVNO behind the launch of allpay Mobile1 on range of products aimed at landlords and tenants. Currently being piloted by a range of housing associations, this solution offers competitive rates and a unique rewards package that automatically contributes to the subscribing resident’s rental account. Continue reading
June 3rd 2013. txtNation has now officially switched on their directly connectivity across all mobile operators in Belgium. txtNation is currently showcasing their mobile gateway availability to clients looking at this attractive market. Belgium has a vibrant mobile community, with over 10 million people and a strong mobile penetration rate of 115 per cent. Proximus is the largest network followed closely by Mobistar and Base (KPN). txtNation has arrangements with all three operators Continue reading