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Stockreport

Mobile network launches £10 broadband as merger sparks price war [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)  More Company Research Source: Yahoo! Finance
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
Giffgaff, which is owned by O2, is poised to roll out low-priced full-fibre internet connections in an effort to undercut its rivals. The company plans to pay existing customers £100 to take part in trials and will charge just £10 a month for 500mbps speeds. That is well below BT's cheapest deals of around £30 and half the price charged by many so-called “alt-net” challengers. The move underscores how Vodafone's £15bn merger with Three, which is expected to complete in the coming weeks, has ignited a price war across the telecoms market. The two companies will combine to form the UK's largest mobile network with 27m customers. The deal was cleared by regulators despite concerns that reducing the number of operators from four to three risked pushing up prices for consumers In reality, however, the creation of a major new rival to BT has prompted a scramble to stay competitive. Telecoms groups have been racing to launch value offerings in both the mobile and broadband markets t [Read more]

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Stockreport

Mobile network launches £10 broadband as merger sparks price war [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares  (VOD) 
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
Giffgaff, which is owned by O2, is poised to roll out low-priced full-fibre internet connections in an effort to undercut its rivals. The company plans to pay existing customers £100 to take part in trials and will charge just £10 a month for 500mbps speeds. That is well below BT's cheapest deals of around £30 and half the price charged by many so-called “alt-net” challengers. The move underscores how Vodafone's £15bn merger with Three, which is expected to complete in the coming weeks, has ignited a price war across the telecoms market. The two companies will combine to form the UK's largest mobile network with 27m customers. The deal was cleared by regulators despite concerns that reducing the number of operators from four to three risked pushing up prices for consumers In reality, however, the creation of a major new rival to BT has prompted a scramble to stay competitive. Telecoms groups have been racing to launch value offerings in both the mobile and broadband markets t [Read more]

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VOD
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Price Change %
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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Multi-day stock performance from the time of the news release
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High:
Low:
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%
POST NEWS RANGE
%
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