Despite cost-cutting by rivals, French operator SFR is managing to attract new customers. The company, France's second-largest mobile operator, said it added 86,000 net new customers in the third quarter, after losing 673,000 in the first half due mainly to the market entry of Iliad's Free Mobile.
Vodafone blamed deepening economic problems in Spain and Italy for a first-half net loss of £1.98 billion, compared to a £6.68 billion profit a year earlier. The global operator is writing down the value of its businesses in Spain and Italy by £5.9 billion as consumers in recession-hit Southern Europe cut back on spending.
Verizon Wireless will pay an $8.5 billion dividend to parent companies Verizon Communications and Vodafone, the second straight dividend payment the carrier has produced after years of not doing so.
Vodafone will publish its second-quarter results Nov. 13 with the aim of calming investor' fears over the lingering Eurozone crisis.
The leading UK operators have renamed their mobile payments joint venture "Weve" and are teaming up to offer customers specialised services. The JV, previously known as Project Oscar, will launch commercially as Weve early next year, offering customers of the three operators tailored services such as news, apps and m-payments.
Vodafone Spain will reintroduce subsidised smartphones after losing more than 600,000 customers in the second quarter, while rivals Orange Spain and Yoigo gained market share.
ComCom, New Zealand's telecom regulator, on Tuesday approved Vodafone New Zealand's NZD 840 million (USD 668.7 million) acquisition of TelstraClear, Telstra's New Zealand unit.
SpiderCloud Wireless is scaling up its operations to address additional markets and is adding LTE capability to its small cell enterprise radio access network (E-RAN) systems.
Vodafone Spain will enter the low-cost market in a direct response to services offered by its rivals Movistar and Orange Spain. The new "Vodafone Yu" service targets the youth sector and offers prepaid calls at low monthly rates, as well as low-price bundles of texts, data and calls.
Vodafone UK is spending £4.5 million on a high-profile advertising campaign touting the quality of its network ahead of EE's LTE launch this week.