Vodafone Essar Expects 3G Services In India To Be Costly
27th Jul 2010 15:28
MUMBAI (Dow Jones)--Vodafone Essar Ltd., the Indian unit of U.K.'s Vodafone Group PLC (VOD.LN), expects prices of third-generation mobile telephony services in the country to be high, as the industry looks to recoup the funds invested to acquire radio bandwidth and roll out operations. "The real
Read moreVodafone Shareholders Re-elect Chairman, Deputy Chairman
27th Jul 2010 13:08
LONDON (Dow Jones)--Vodafone Group PLC (VOD.LN) shareholders Tuesday re-elected the mobile group's non-executive chairman, John Bond, and Deputy Chairman John Buchanan at its annual meeting in London, despite opposition by an investor group. Around 93.3% and 93.9% respectively voted in favor of
Read more2nd UPDATE: KPN Profit Up; Keeps Outlook
27th Jul 2010 13:01
(Adds background, comments from analyst, company.) By Roberta B. Cowan Of DOW JONES NEWSWIRES AMSTERDAM (Dow Jones)--Royal KPN NV (KPN.AE) Tuesday reported a 26% increase in second-quarter net profit, mainly due to cost cutting, kept its full-year targets and said it expects the decline
Read moreMARKET TALK: Dolmen Lifts Vodafone Price Target
27th Jul 2010 12:27
1127 GMT [Dow Jones] Dolmen Securities nudges up Vodafone (VOD.LN) price target to 160p from 155p. "With the company's underlying business returning to growth following the economic downturn, Capex spend under control, data and emerging markets showing strong growth, in addition to the potential for
Read moreIndia Minister: Telecom Operators Owe INR4.52 Bln In Bandwidth, License Fees
27th Jul 2010 10:12
By R. Jai Krishna Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--Indian telecommunications companies offering services on the Global System for Mobile, or GSM, platform owed the federal government INR4.52 billion for bandwidth and license fees as at the end of the fiscal year on March 31, jun
Read moreUPDATE: KPN Profit Up On Cost Cuts; Keeps Outlook
27th Jul 2010 09:21
(Adds background, comments from analyst, company.) By Roberta B. Cowan Of DOW JONES NEWSWIRES AMSTERDAM (Dow Jones)--Royal KPN NV (KPN.AE) Tuesday reported a 26% increase in second-quarter net profit, mainly due to cost cutting, kept its full-year targets and said it doesn't see any furt
Read moreKPN's E-Plus's 2Q Mobile Service Revenue Up 2%
27th Jul 2010 08:45
DUESSELDORF (Dow Jones)--Royal KPN NV's (KPN.AE) German unit E-Plus increased its second-quarter mobile service revenue 2% on year due to strong demand, it said Tuesday. Mobile service revenue in the quarter ended June 30 rose to EUR772 million from EUR757 million a year earlier, E-Plus said.
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
26th Jul 2010 10:45
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0945 GMT [Dow Jones] Goldman Sachs raises Vodafone Group (VOD.LN) to 160p from 155p, after the company "reported slightly bet
Read moreMARKET TALK: Goldman Sachs Raises Vodafone Target Price
26th Jul 2010 10:45
0945 GMT [Dow Jones] Goldman Sachs raises Vodafone Group (VOD.LN) to 160p from 155p, after the company "reported slightly better than expected 1Q FY11 revenues." Goldman has a neutral rating on the stock and continues to believe that the stock's recent outperformance (driven mostly by multiple expan
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
26th Jul 2010 10:25
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0925 GMT [Dow Jones] Nomura nudges up Vodafone (VOD.LN) price target to 168p from 165p to reflect the positive CFC tax settle
Read moreMARKET TALK: Nomura Nudges Up Vodafone Price Target
26th Jul 2010 10:25
0925 GMT [Dow Jones] Nomura nudges up Vodafone (VOD.LN) price target to 168p from 165p to reflect the positive CFC tax settlement. Notes the company's emerging market and US exposure have been a source of earnings upgrades rather than earnings risk this quarter, helping to offset the FX headwinds. H
Read moreQatar Telecom Faces Fine, Legal Action Over Virgin Mobile Service - Reuters
26th Jul 2010 01:23
DOW JONES NEWSWIRES Qatar Telecom (QTEL.DO) faces a fine and potential legal action over violations during the launch of Virgin Mobile in the country, the Reuters news agency reported, citing a ruling from the telecoms regulator. "Qtel should be compelled to pay an appropriate fine for its
Read moreMARKET TALK: Vodafone NZ Loses Prepaid Customers
25th Jul 2010 23:48
2248 GMT [Dow Jones] Vodafone NZ lost 25,000 mobile customers over three months to June 30, says parent company Vodafone Group (VOD.LN). Loss saw Vodafone lose 34,900 prepaid customers, but gained around 10,000 on account mobile users. Says with 2degrees entry to market a year ago plus Telecom, Voda
Read moreMARKET TALK: NZX-50 Likely Up As Global Results Impress-GSJBW
25th Jul 2010 22:56
2156 GMT [Dow Jones] NZX-50 likely higher as company results continue to impress globally, says Goldman Sachs JBWere broker Peter Sigley; "We will continue to take our lead from overseas markets as we lead into our reporting season." Adds Nuplex (NZX.NZ) likely buoyed by good results from Dutch coat
Read moreVodafone To Pay GBP1.25 Billion Tax Bill - FT
24th Jul 2010 11:36
LONDON (Dow Jones)--Vodafone Group PLC (VOD, VODPF, VOD.LN), the world's biggest mobile-network operator, has agreed to pay a tax bill of GBP1.25 billion, ending one of the U.K.'s biggest legal battles over international tax planning, the Financial Times newspaper in London reported Saturday, citing
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