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Vodafone Group PLC

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  • The Boston Consulting Group said last month mobile money transfers in sub-Saharan Africa alone could generate fees of up to $1.5 billion by 2019.. "If you take out air-time, you have a true view of mobile money, and it's not a good story, more than a decade on," says South Africa- based Johan de Lange, who works with banks and phone companies. In Afghanistan, for example,...

  • The chief executives of Vodafone and Deutsche Telekom said on Monday at the Mobile World Congress in Barcelona that network operators needed to give special treatment to data for new services like connected cars and smart electricity meters to ensure that they functioned properly. "We favour net neutrality, but we need to be allowed to have quality classes to...

  • *Vodafone, alternative ops warn on "re-monopolisation". Germany's Deutsche Telekom and Spain's Telefonica have predicted that revenues will grow this year, while France's Orange and Norway's Telenor have promised higher future dividends, a major motivation for investors in the sector. Deutsche Telekom Chief Executive Tim Hoettges attributed the rebirth...

  • *Vodafone, alternative ops warn on "re-monopolisation". Germany's Deutsche Telekom and Spain's Telefonica have predicted that revenues will grow this year, while France's Orange and Norway's Telenor have promised higher future dividends, a major motivation for investors in the sector. Deutsche Telekom Chief Executive Tim Hoettges attributed the rebirth...

  • LONDON/ PARIS, Feb 25- Lazard banker Vincent Le Stradic recently took a break from his job advising Europe's top telecoms companies on deals to help little-known French start-up Sigfox raise 100 million euros. Not many of his peers would spend months working on a relatively small transaction when big fees were there for the taking from industry leaders such as...

  • *Jyske Bank falls after unexpected 4 Q loss. *BHP, Telefonica Deutschland rally after results. Denmark's Jyske Bank fell 6.8 percent after it swung to an unexpected loss in the fourth quarter, weighed down by hefty charges for non-performing loans.

  • PARIS, Feb 23- Gemalto said on Monday its initial investigations into a report that U.S. and British spies had hacked it systems showed its products were secure and it thus did not expect a significant financial prejudice. Gemalto's shares fell sharply on Friday after news website Intercept reported a hack by the U.S. National Security Agency and Britain's...

  • *U.S., UK spies hacked SIM card maker Gemalto's system- Intercept. *Franco-Dutch firm Gemalto says it is investigating report. The alleged hack on Gemalto, if confirmed, would expand the scope of known mass surveillance methods available to U.S. and British spy agencies to include not just email and web traffic, as previously revealed, but also mobile...

  • Chipmaker probes report of hacking by US, UK spies Friday, 20 Feb 2015 | 4:49 AM ET

    Gemalto said on Friday it was investigating a report U.S. and British spies had hacked its systems.

  • PARIS, Feb 20- Gemalto said on Friday it was investigating a report U.S. and British spies had hacked its systems to steal the privacy-protecting encryption keys in the chips it makes for mobile phones. Gemalto's shares sank as much as 10 percent in huge volumes in early trading after the news website Intercept reported the hack by the U.S. National Security...

  • BEIJING, Feb 16- Foreign direct investment in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient services industry. Earlier data showed FDI in China rose just 1.7 percent in 2014, the slackest...

  • FRANKFURT, Feb 13- Germany's Rocket Internet went to investors with a capital hike just four months after its stock flotation, asking for fresh funds following a 1 billion euro spending spree that targets online food takeaway businesses as the next big thing. The Berlin- based company, Europe's biggest Internet player thanks to its stakes in more than 100...

  • Egypt to issue landline licenses to mobile firms in weeks Wednesday, 11 Feb 2015 | 9:42 AM ET

    DUBAI, Feb 11- Egypt will issue landline telecom licenses to participating mobile operators within weeks, the country's communications minister said on Wednesday, in a move that will end state-owned Telecom Egypt's fixed-line monopoly. In September, the government approved issuing new unified licenses that would allow Telecom Egypt to launch mobile...

  • Swiss scandal haunts HSBC's former boss Stephen Green Tuesday, 10 Feb 2015 | 12:17 PM ET

    DUBLIN, Feb 10- The scandal at HSBC's Swiss private banking arm is particularly awkward for former executive chairman Stephen Green. But the leaking of a vast array of detail about how HSBC's Swiss-based private bank allegedly helped some wealthy clients to dodge taxes has raised questions how Green apparently failed to spot serious control and compliance...

  • LONDON, Feb 6- Morgan Stanley co-head of mergers and acquisitions for EMEA Johannes Groeller is to join Paul Taubman's advisory boutique, a source familiar with the move said. Groeller, who previously served as Morgan Stanley's co-head of investment banking in Germany and Austria, is the latest managing director to leave the "bulge bracket" bank and join...

  • SAN FRANCISCO, Feb 5- Verizon Communications said it would sell wireline assets to Frontier Communications for $10.54 billion in cash and sell and lease cell phone towers for around $5 billion to American Tower in a deal that will help it pay off recent wireless spectrum purchases. Frontier will nearly double its size by buying Verizon's local wireline...

  • SAN FRANCISCO, Feb 5- Verizon Communications Inc will sell wireline assets to Frontier Communications Corp for $10.54 billion in cash and cell phone towers worth over $5 billion to American Tower Corp, the company said on Thursday. The assets being sold to Frontier and American Tower are the latest in a series of non-core assets that Verizon has sold in recent...

  • LONDON, Feb 5- BT finalised a deal on Thursday to buy mobile operator EE for 12.5 billion pounds and now faces a contested approval process to seal its status as Britain's dominant communications company. BT had spent the last few weeks in exclusive talks with the owners of EE, Orange and Deutsche Telekom, about a deal. "The UK's leading 4 G network will now dovetail...

  • LONDON, Feb 5- A steady recovery in Europe helped Vodafone stem the rate of sales decline in its third quarter, putting the world's second-biggest mobile operator in touching distance of overall revenue growth once again. The group had recorded falls in the main revenue measurement of between 4 and 5 percent in the last six quarters, as consumers in Europe cut...

  • Vodafone posts better than expected Q3 sales Thursday, 5 Feb 2015 | 2:12 AM ET

    LONDON, Feb 5- A steady recovery in Europe helped Vodafone to stem the rate of sales decline in its third quarter, putting the world's second biggest mobile operator in touching distance of overall revenue growth once again. The British company said on Thursday its main organic service revenue measurement, which strips out items like handset sales and currency...