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VOD Vodafone Group Plc

69.08
0.08 (0.12%)
26 Apr 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
  0.08 0.12% 69.08 69.28 69.32 70.00 69.14 69.30 55,110,493 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 45.71B 11.84B 0.4372 1.58 18.76B

Network Operators Collaborate to Expand Coverage in Germany

11/11/2019 1:09pm

Dow Jones News


Vodafone (LSE:VOD)
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From Apr 2019 to Apr 2024

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   By Kim Richters 
 

Telefonica Deutschland (O2D.XE) said Monday that it had agreed with Deutsche Telekom (DTE.XE) and Vodafone (VOD.LN) to expand network coverage in Germany.

The network operator said the companies plan to build up to 6,000 new mobile sites, constructing radio masts and towers in order to provide areas such as rural regions with better coverage.

The improvement of coverage was required by the national telecoms regulator Federal Network Agency as part of an auction for 5G mobile frequencies, which the operators won--together with 1&1 Drillisch--earlier this year.

Telefonica Deutschland called the auction conditions "disproportionate."

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

November 11, 2019 07:54 ET (12:54 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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