Vodafone said mobile literacy programmes for women could boost economic activity in emerging markets by $3.4 billion (€2.4 billion) per year from 2020, and cut domestic violence in developed countries.
BARCELONA, Spain--Ericsson and Nokia Solutions and Networks (NSN) are proving to be beneficiaries of Vodafone's Verizon Wireless windfall, as the Swedish and Finnish vendors have just won five-year deals under the operator's £7 billion (€8.5 billion) Project Spring network investment programme.
On the heels of Verizon Communications' close of its $130 billion purchase of Vodafone's 45 percent stake in Verizon Wireless, the company announced today that it is forming a new product development and management group that will be headed by Marni Walden, formerly the COO of Verizon Wireless.
Vodafone completes the transaction on Friday Feb. 21 to sell its 45 per cent stake in Verizon Wireless for the princely sum of $130 billion (€94.8 billion), completing one of the most anticipated and hotly debated transactions in its history.
Another day, another rumour about a mobile operator thinking about buying more fixed-line assets to boost its convergence strategy: latest reports suggest Orange is interested in bolstering its position in Spain by buying Jazztel, while Vodafone is said to be weighing an increase in its stake in Greek broadband provider Hellas Online.
EE scraped a double digit increase in earnings before interest depreciation and amortisation (EBITDA) in 2013, as a cost cutting program offset declining revenue.
Vodafone took a further step forward in its LTE strategy by announcing it has reached 500,000 LTE subscribers in the UK, and is also extending LTE roaming services to more of its markets across the globe under its £7 billion (€8.5 billion) Project Spring investment programme.
Orange has launched its Orange Cash NFC mobile payment service in two cities in France, continuing a spate of mobile payment and banking announcements across Europe.
Vodafone continued its spending spree in India after the operator won spectrum licences worth around $3 billion following the conclusion of an auction that raised a total of about 611.62 billion rupees ($9.8 billion or €7.2 billion)- much more than expected- for the Indian government.
Vodafone Ireland is in talks with Irish utility Electricity Supply Board (ESB) about jointly building a Greenfield $545 million fiber to the premises (FTTP) network that would serve 450,000 homes and businesses.