Money Buzz! Europa

Tag: vodafone

  • Vodafone to pay 9 euro cents dividends per share

    Vodafone to pay 9 euro cents dividends per share

    Vodafone revenue for the fiscal year 2019-2020 grew by 3.0% to €45.0 billion, supported by improving commercial momentum in Europe.

    The group’s revenues increased by 3% to 45 billion and the adjusted EBITDA increased by 2.6% to 14.9 billion.

    Net cash flow was 4.9 billion, thus allowing the company to confirm the dividend per share of 9 eurocents and leading the stock to jump 8% in London. Net losses reduced to 455 million (7.6 billion the previous year).

    During the year, 5G services were launched by Vodafone in 97 cities across eight European countries while four million customers signed up to its unlimited mobile data plans after launching speed-tiered unlimited plans in six of its markets. 

    Vodafone forecasts for the next financial year 2020-2021 an adjusted EBITDA “from flat to slightly decreasing, compared to a revised FY20 reference base of 14.5 billion”.

  • DreamLab, the app to help in the fight against COVID-19

    DreamLab, the app to help in the fight against COVID-19

    • Vodafone Foundation and Imperial College London scientists deploy DreamLab app to speed up coronavirus research;
    • DreamLab uses the processing power of smartphones to help analyse complex data while their owners sleep;
    • Data will help Imperial College London scientists identify existing drugs and food-based molecules with anti-viral properties, ultimately enabling tailored treatments for patients with coronavirus.

    Smartphone users are being encouraged to harness the collective processing power of their mobile phones to help speed up research into treatments for the novel coronavirus (COVID-19) using the free DreamLab app. The app is using the common processing power of smartphones to compute complex data much faster than traditionally.

    DreamLab is a specialist app, developed by Vodafone Foundation Australia as an easy way for anyone to support cancer research while their phone is on charge overnight. Today, a new Corona-AI project has launched on the app, which will use the same technology to help in the fight against the coronavirus outbreak.

    Researchers believe that this work could speed up access to effective drugs and enable tailored treatments against this infectious disease.

    The project is split into two phases:

    1. To identify uses of the existing drugs and food-based molecules with anti-viral properties;
    2. To optimise combinations of these drugs and food molecules with antiviral properties for improved efficiency against coronavirus infections.

    While traditional experimental research and standard research methods could take years to develop, the mobile cloud-based processing approach of DreamLab can drastically reduce the time taken to analyse the huge amount of data that exists.

    A desktop computer running 24-hours a day would take decades to process the data, but a network of 100,000 smartphones running overnight could do the job in just a couple of months.

    The app is available to download now in Romania, Australia, Italy, New Zealand, Spain and the UK, with other countries to follow in the coming weeks.

    DreamLab is free to download in the App store for iOS or Play Store for Android. In order for the app to work in Romanian, users must have their phones set in this language previous to the download. One installed, the app will eat into monthly data allowances.

    Vodafone Romania is supporting the DreamLab project by offering free national data for all the Vodafone customers. No personal data is downloaded to or processed from the user’s device.

  • Vodafone Romania and UPC finalised the legal merger

    Vodafone Romania and UPC finalised the legal merger

    • The acquisition of UPC is one of the most important transactions within the telecom market in Romania.
    • This process will create an important partner for complete telecommunications services that brings enriched benefits and top products for customers, companies and other socio-economical actors.

    Vodafone Romania announces the finalisation of the legal merger with UPC Romania. As a result of this, UPC Romania ceases to exist as a legal entity, being absorbed by Vodafone.

    Starting today, Vodafone Romania becomes the fixed electronic communications services provider for UPC customers. All rights and obligations UPC Romania S.A. will be taken over by Vodafone Romania S.A., without any modifications of the customers and suppliers contract’s terms.

    Tthe information from www.upc.ro will be available on www.vodafone.ro. Also, the My UPC smartphone app will be renamed in My Vodafone Fix & TV, while all its functionalities and log in customer’s credentials will remain the same.

    The contact phone numbers, 031 100 1000 and 031 100 0872, will continue to be available. The customers that are paying their UPC bills using internet banking services will have to select Vodafone – pentru servicii fixe si TV instead of UPC Romania. The beneficiaries of both fixed & TV from the former UPC company and mobile services from Vodafone will continue to receive separated invoices.

    Regarding the UPC stores, this will be transformed gradually and will incorporate the specifications and functionalities of Vodafone stores. The shops will continue to offer all the services and operations specific for fixed and TV and also specific operations for mobile services.

    Vodafone history in Romania

    Vodafone has a 23 years history in Romania.

    Along its history on the local market, the operator has been investing in innovation, being the first to provide GPRS (2001), then 3G (2005) and 4G services (2012).

    The first Call Center Service (1997), the first corporate foundation (1998), the launch of short message service – SMS – or data and fax services (1998), the first automatic speech recognition service (2014), the first NB-IoT live network (2018) and the first 5G services (2019) are among the premieres marked by Vodafone Romania on the local telecommunications market.

  • Vodafone Romania revenues increased by 2% compared to last year

    Vodafone Romania revenues increased by 2% compared to last year

    • Vodafone revenues increased by 2% compared to the same period of last year (2018).
    • Total customer base reached 11 million people.
    • Mobile average revenue per user for the year ended December 31st, 2019 was EUR 5,1.

    Following the acquisition of UPC Romania starting with 31st of July 2019, the results for this quarter include also the reported figures of the cable company.

    Murielle Lorilloux, CEO Vodafone Romania, stated: ”In the past quarter, we have continued to invest in our networks and launched new and enriched mobile and fixed and TV offers for all our customers. They can now enjoy, as a result of our commitment to provide innovative technologies like 4K, a complete portfolio of sports competition within UPC packages and Vodafone TV. We will continue the integration process as we will soon finalize the legal merger of the two companies and will become one entity, step that will allow us to further strengthen our fixed-mobile capability. Moreover, we will continue to engage with the authorities to ensure the right balance in terms of security, coverage and investments for supporting the digitalization of the Romanian society, while looking carefully at the conditions of the market in order to have a good and healthy competition.”

    Vodafone Romania is a subsidiary of Vodafone Group, which is one of the world’s leading telecoms and technology service providers.