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VOD Vodafone Group Plc

67.82
0.34 (0.50%)
02 May 2024 - Closed
Delayed by 15 minutes
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
  0.34 0.50% 67.82 67.94 67.98 68.52 67.22 67.48 40,060,665 16:35:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 45.71B 11.84B 0.4372 1.55 18.4B

Deutsche Telekom Pays EUR1.8 Billion for German Spectrum

19/06/2015 12:01pm

Dow Jones News


Vodafone (LSE:VOD)
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   By Friedrich Geiger 
 

BERLIN--Deutsche Telekom AG (DTE.XE), Vodafone Group PLC (VOD.LN) and Telefonica SA (TEF.MC) will pay a total of 5.08 billion euros ($5.78 billion) for German mobile broadband spectrum, the country's Federal Network Agency said Friday after auctions had ended.

Deutsche Telekom agreed to pay EUR1.79 billion, Vodafone EUR2.09 billion and Telefonica EUR1.20 billion, through their German subsidiaries.

Deutsche Telekom and Vodafone both acquired spectrum in the 700, 900, 1500 and 1800 megahertz areas and Telefonica in the 700, 900 and 1800 megahertz areas.

Telefonica's German unit said the additional frequencies enable the company to expand its high-speed network and its network capacity.

Write to Friedrich Geiger at friedrich.geiger@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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