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Verizon Wireless to fork over $8.5B to parents

Verizon Wireless’ continued success is set to again benefit its parent companies as the domestic carrier said it plans to make an $8.5 billion dividend payment to Verizon Communications and Vodafone Group by year end. Verizon is set to garner a 55% stake in...

Vodafone stamps authority on Cable & Wireless leadership

Vodafone has moved into the integration process of its recent $1.7 billion acquisition of Cable & Wireless, announcing today plans to de-list the company from the London Stock Exchange following the close of the acquisition and appointment of executives. Vodafone reported that current chief executive...

Bidding on UK’s LTE spectrum auction pushed to early 2013

The much-anticipated LTE spectrum auction in the United Kingdom is scheduled to begin this year, but there won't be any bidding until 2013. The United Kingdom's telecom regulating authority, Ofcom, announced the details of the plan today that aims to provide nearly the entire population...

Verizon Wireless sets bar for Q2; iPhone looms

Verizon Wireless released strong second quarter financial results last week setting expectations for what its rivals will need to shoot for. Obviously, those competing results are already fixed and just need to be unleashed on a rabid financial community beginning this week, but the...

Southern Europe slows Vodafone’s Q1 growth

Vodafone, one of the world's largest carriers and a bellwether for European operators, announced disappointing numbers for its first fiscal quarter ending in June. The company reported service revenue of approximately $15.68 billion (₤9.98 billion). While this is a .6% increase year-over-year, it was forecasted...

T-Mobile USA offers up international data plans; 500 Mb for $50

T-Mobile USA is taking advantage of its international roots to launch international mobile broadband roaming services. The plans provide 500 megabytes of non-throttled data access, and unlimited access at curtailed speeds, for $50 per month across 28 European countries. The carrier, which is owned by...

Reader Forum: How AT&T, Verizon and Vodafone can recoup billions spent on carrier clouds

Look around. Cloud services are hot and everyone is trying their best to cash in. According to Informa, in 2011, 127 telecoms operators spent $13.5 billion in capital investments on carrier cloud infrastructure,

Vodafone gains EU approval for $1.7B C&W purchase

Vodafone moved closer to finalizing its $1.7 billion acquisition attempt of Cable & Wireless Worldwide, having this week garnered approval from the European Commission. The regulatory body noted that the proposed deal “would raise no competition concerns, as the parties' activities are largely complementary,”...

Vodafone garners shareholder approval of $1.7B Cable & Wireless deal

Vodafone said it gained shareholder approval for its $1.7 billion acquisition attempt of Cable & Wireless Worldwide, which had initially received a lukewarm reception from some C&W stakeholders. Vodafone had initially announced its acquisition plans earlier this year. Bloomberg reported that opposition from Orbis...

Telefonica UK, Vodafone UK to share certain network assets

The U.K. wireless market continues its evolution as today rivals Telefonica UK, which operates under the O2 brand, and Vodafone UK announced plans to cooperate on “basic” network infrastructure that will see them share assets across 18,500 cell sites. The carriers said the move...

Verizon Wireless, new markets remain areas of strength for Vodafone

Vodafone’s sometimes contentious stake in domestic operator Verizon Wireless continues to pay off for the international telecom giant, which despite struggles in some of its older markets managed to post improved financial results for its 2012 fiscal year ending in March. The company, which owns...

German operators complain about LTE approval delays

When Germany auctioned LTE frequencies in 2010, operators were required to first deploy the high-speed internet technology in rural areas before deploying to the more lucrative urban areas. Now having met many of their rural obligations, carriers are complaining of bureaucratic delays for their big...

Vodafone to buy Cable & Wireless Worldwide for $1.7 billion

Vodafone, currently the world's second largest wireless operator, will pay $1.7 billion for Cable & Wireless Worldwide. Under the terms of the offer, Vodafone will pay 38 pence a share for CWW, representing 92% of the closing price on Feb. 10, the last business...

Report: iPhone users easier on cellular networks than Android counterparts

To the potential delight of wireless operators, a new report from ComScore shows that a significantly higher percentage of iPhone users in the United States and United Kingdom rely on their device’s Wi-Fi capabilities than customers with Android-powered smartphones. This would be positive news...

Ericsson scores 3 Italia contract for HSPA+, LTE

Network equipment giant Ericsson reported a contract extension with Italian operator 3 Italia to upgrade the carrier’s existing 3G network core and transport network to support 42 megabit per second HSPA+ and LTE equipment. The deal also includes the extension of a managed services...

Vodafone granted extension for potential Cable & Wireless purchase

Cable & Wireless Worldwide said it has extended a deadline for Vodafone Group (VOD) to announce its intent to purchase C&W until March 29. The original deadline for announcing its intent was end of today. Vodafone confirmed last month that it was looking at...

MWC 2012: Bharti Airtel lags behind in climate leadership in Africa

Indian telecom major Bharti Airtel lacks green agenda in its investments in Africa, Greenpeace Tuesday stated in its briefing paper on International Green Telecom Leadership.

Uninor adds record 2.49 million new GSM users in January 2012

The total subscriber base of the company not stands at 38.79 million. Uninor is a joint venture between Norway-based Telenor and India's Unitech Limited.

Crisil: India telecom operator profits to rise 5% in 2 years

The operating profitability of the mobile players like Airtel, Idea, Vodafone, Tata Teleservices and Sistema Shyam Teleservices will improve by 5% in the next two years, according to credit rating agency Crisil.

Telcos differ on 2G auction rules

Uninor, in its response, has stated that only Private Respondents (whose licenses have been quashed by the SC judgement) and fresh applicants (well funded entities with no link to incumbent operators) should be eligible to take part in the auction of spectrum that has become available after the SC cancelled 122 2G licenses.

Australian govt seeks $3.2 billion for spectrum licences renewal

Australia's major telecommunications groups are expected to cough about $3.2 billion as the federal government has decided to reissue spectrum licenses on 850MHz, 1800 MHz and 2100MHz bands.

Vodafone eyes Cable & Wireless purchase

Vodafone (VOD) confirmed media reports that it was looking at a potential offer to acquire Cable & Wireless Worldwide. Vodafone is currently the world’s second largest wireless operator with equity interests in more than 30 countries, including a 45% stake in Verizon Wireless, while...

Vodafone India set to appoint Analjit Singh chairman

United Kingdom-based telecom major Vodafone Friday announced that Analjit Singh will be appointed as non-executive Chairman of its India operations.

Vodafone India revenues grows 6.3%; global revenues down 2.3%

United Kingdom-based Vodafone Group, the world's second largest mobile phone operator, reported that revenues from its India operations grew 6.3% year-over-year from $1.5 billion to $1.6 billion for its third fiscal quarter ended Dec. 31.