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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vodafone Group Plc | LSE:VOD | London | Ordinary Share | GB00BH4HKS39 | ORD USD0.20 20/21 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 66.48 | 66.40 | 66.44 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Radiotelephone Communication | 45.71B | 11.84B | 0.4372 | 1.52 | 17.99B |
By Rory Gallivan
LONDON--U.K. telecommunications regulator Ofcom fined Vodafone Group PLC (VOD.LN) 4.6 million pounds ($5.6 million) for what it described as serious and sustained breaches of consumer protection rules.
Ofcom said its investigation of the mobile telecoms giant uncovered mis-selling, inaccurate billing and poor complaints handling procedures.
Failings included 10,452 pay-as-you-go customers losing out when Vodafone failed to credit their accounts after they paid to top up their mobile phone credit, Ofcom said.
The fine includes a 7.5% reduction because Vodafone agreed to a settlement, Ofcom said.
Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
October 26, 2016 02:32 ET (06:32 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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