Vodafone enters 3G battle against Hutchison
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Vodafone finally launched its long awaited third-generation (3G) mobile phone services yesterday, prompting rival 3 to immediately dismiss them as a threat.
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Vodafone Group Plc has selected the former UK incumbent, BT Group Plc, as its fixed-line partner as the world's largest mobile operator catches up with its rivals and starts to offer its UK consumer base a broadband offering.
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BARCELONA/MUMBAI  - Britain's Vodafone Group Plc  has won the battle for a controlling stake in Hutchison Essar with a bid that values India's fourth-biggest mobile firm at around $19 billion, including debt.
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Vodafone, the UK-based mobile phone giant, has denied reports that it might be preparing a joint bid with Verizon for Sprint, the third largest US mobile operator.
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Britain's Vodafone Group Plc VOD.L   launched the first of its own-branded 3G handsets on Thursday,   as the mobile phone giant tries to expand the market for   higher-paying 3G services by luring more prepay users.
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Vodafone finally took the wraps off its 3G services yesterday, just in time for Christmas. It vowed to attract 10 million customers across 12 European countries and Japan to the new technology with a mixture
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(InfoWorld) - British mobile services company Vodafone Group has reserved the right to terminate its agreement with Hutchison Telecommunications International Ltd. (HTIL), if a "prohibition" comes in the way of the closure of itsÂ $11.1 billion acquisitionÂ of a controlling stake in Hutchison Essar, an Indian mobile services company. In a filing to the Hong Kong stock exchange, HTIL has said that the agreement between Vodafone and HTIL provides for "certain termination rights arising as a result of circumstances tied to the existence of a prohibition." Prohibition shall have the meaning ascribed to such items in the agreement that have the effect of prohibiting or restraining the parties from consummating their transaction, it added. Although it does not specify what kind of prohibitions could arise, a lawsuit or other litigation relating to the merger could be interpreted as such. India's Essar Group, which holds 33 percent of the equity in Hutchison Essar, is said to be unhappy with some of the terms of the deal, particularly Vodafone's plans to take Hutchison Essar into an infrastructure sharing arrangement with Bharti Airtel, another Indian mobile services provider. Essar, which also claims the right to first refusal for HTIL's sale of equity in Hutchison Essar, may also move Indian courts, according to informed sources. HTIL entered into an agreement Sunday to sell to Vodafone subsidiary, Vodafone International Holdings, its entire direct and indirect equity and loan interests, held through subsidiaries, in Hutchison Essar. Vodafone announced that the transaction would give it an economic interest of 67 percent in the Indian company, in exchange for $11.1 billion in cash and assumption of $2 billion in debt. In its filing, HTIL said that the transaction is to be completed on April 2, or the sixth business day after conditions such as approval by India's Foreign Investment Promotion Board (FIPB) have been satisfied or waived. HTIL and Vodafone were not immediately available for comment. VodafoneÂ CEO Arun Sarin is in IndiaÂ Wednesday to meet with Indian government officials and also possibly executives of the Essar Group. Vodafone has offered to buy the Essar Group's stake in Hutchison Essar, though Sarin said in a conference call Sunday that he would prefer if they stayed on as partners. Sarin also said Wednesday in Delhi that Essar does not have right of first refusal on the deal.
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Telecom giant Vodafone said it will invest more than two billion dollars in a drive to make its new Indian purchase, Hutchison Essar, the country's biggest mobile phone company.
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San Diego becomes a battleground for 3G wireless broadband, as AT&#38;T Wireless debuts a service that competes with Verizon.
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Vodafone Group, the world&#39;s largest mobile phone operator, fired the first salvo in the pre-Christmas marketing war today when it announced the full launch of third-generation wireless services.
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THE race to get a widespread third generation mobile phone network in Australia started in earnest yesterday with Optus and Vodafone agreeing to a joint venture network.
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The Australian mobile carrier units of Vodafone Group PLC and Singapore Telecommunications Ltd. have agreed to roll out a combined third-generation (3G) cellular network in the country, they said Friday.
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Vodafone Group plc launched its UMTS-based Vodafone live! service across its operations in 13 countries, including Austria, France, Germany, Greece, Ireland, Italy, Japan, the Netherlands, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
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InfoWorld - British mobile services company Vodafone Group has reserved the right to terminate its agreement with Hutchison Telecommunications International Ltd. (HTIL), if a &quot;prohibition&quot; comes in the way of the closure of its&#160;$11.1 billion acquisition&#160;of a controlling stake in Hutchison Essar, an Indian mobile services company.
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Vodafone have launched the long-awaited third generation, 3G, mobile phone service that offers video calls and music downloads. The use of 3G technology promises faster data rates for mobile users that will
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THE SELECTIONS MADE by Vodafone for its 3G handset range due for launch in November have been announced. Surprisingly LG (formerly Lucky Goldstar) isn&#39;t included as one of the six chosen suppliers.
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Forget sticking a toe in the water, Vodafone&#39;s done a cannonball -- unveiling 10 handsets it&#39;s got lined up for the November launch of its 3G consumer services in the UK.