Nokia shareholders ushered in a new chapter for the company this week after they agreed to the sale of the devices and services unit to Microsoft and essentially gave the green light for a future based on networks. Like Ericsson, the Finnish company will no doubt have taken heart from Vodafone's stated intention to maintain high levels of network investment over the next two years and maybe beyond.
Vodafone CEO Vittorio Colao's comments that the operator has "beautiful assets" made amusing headlines, but Colao was also making a serious point: while his focus is on expanding the company's networks, Colao said he would be open to a buyer if they were interested enough.
Following the lead of EE in the United Kingdom, fellow European operators Telefonica and Vodafone have jumped on the LTE Advanced carrier aggregation bandwagon with testing underway in Germany.
There was some good news for the European telecoms industry this week, with Vodafone unveiling investment plans and French operators slowing their rates of profit decline, although the latest missive from Moody's reminds us that the industry is still in a fairly fragile. Enter the bold predictions from one analyst company that foresees a wave of M&A sweeping Europe and the world in the coming three years.
Bosses of the UKs four mobile network operators were summoned to meet Prime Minister David Cameron this week as the UK coalition government attempts to prove it is making efforts to bring down the cost of living amid soaring energy prices.
Vodafone said it will increase its planned investments under its "Project Spring" network upgrade to £7 billion ($11.13 billion), up from £6 billion, over the next two years to strengthen networks and services in major markets and accelerate its strategy of focusing on data, enterprises and emerging markets.
Vodafone UK was raked over the coals by regulator Ofcom this week for being the only one of the country's four mobile network operators to miss its coverage obligations by the end of June.
AT&T is exploring plans for a potential takeover of Vodafone sometime next year, according to a Bloomberg report, adding further fuel to the idea that AT&T is interested in a major deal with a European operator.
Rumours that AT&T has its eye set on Vodafone refuse to go away, with a new report indicating AT&T could make a move on the UK-based giant next year.
Vodafone filed for regulatory approval to fully acquire its Indian unit in a deal worth 101.41 billion rupees ($1.66 billion or €1.21 billion), as the company seeks to take advantage of new direct foreign investment rules in the country.