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Madrid to brand landmark metro station 'Vodafone'

Madrid will rename its landmark Sol metro station "Sol Vodafone" under an advertising deal with the British mobile operator to raise millions of euros in the recession, officials said on Wednesday. The regional government said the rest of Line 2 on the city's underground rail network -- the red line on the map, matching Vodafone's corporate colours -- will also bear the name of the company for the duration of the three-year contract.

Telefonica competitors ask Spain to intervene in fibre rollout

MADRID (Reuters) - France Telecom and Vodafone have asked Spain's telecoms watchdog to convince Telefonica to enter into negotiations over granting them access to its infrastructure, which they need to roll out fast broadband. France Telecom and Vodafone announced in March they would team up to develop a fibre optic network that would bring superfast internet speeds to six million homes in Spain. But they need agreement from Telefonica to access connections into individual homes.

Vodafone moves towards U.S.-style pricing model

By Kate Holton LONDON (Reuters) - Vodafone unveiled a raft of changes to its pricing model on Thursday, moving more towards an American-style system to help protect its income from technologies offering rival services over the Internet. The changes are designed to deter customers from choosing popular "over-the-top" services such as Skype, What's App and Viber to message friends for free.

Verizon beats estimates and raises Vodafone pressure

By Sinead Carew (Reuters) - Verizon Communications Inc posted a higher-than-expected quarterly profit on the performance of its wireless business, which reined in costs without slowing growth. Verizon also ramped up the pressure on Vodafone Group Plc, which owns 45 percent of the Verizon Wireless unit. Verizon has been seeking to buy that stake and take full control of the top U.S. mobile company.

Telecom Italia hears shareholder unease at meeting

By Danilo Masoni and Stefano Rebaudo ROZZANO, Italy (Reuters) - A succession of retail investors criticised Telecom Italia SpA at its annual shareholders' meeting on Wednesday, and some bigger shareholders unhappy with its performance also voted against an executive pay package. Yet the seven-hour meeting approved the company's financial results with a 98.7 percent majority, and its pay proposal, albeit with a minority of almost a third voting against.

Telecom Italia faces network sale to overcome Hutchison hurdle

By Danilo Masoni MILAN (Reuters) - If debt-laden Telecom Italia SpA <TLIT.MI> wants to agree a tie-up with Hutchison Whampoa Ltd <0013.HK>, it may first have to sell its strategic fixed-line network to the state. Franco Bernabe, chairman of Italy's former telecoms monopoly, was tasked last week alongside four directors with looking into a deal that would make the Hong Kong-based group Telecom Italia's biggest shareholder.

Vodafone to cut 500 jobs in Germany

FRANKFURT (Reuters) - Vodafone will cut 500 jobs in Germany, the company said on Monday, as the group adjusts to harsher competition and lower fees in Europe's largest economy. "We have started a two-year programme," a spokesman said, confirming reports in the Frankfurter Allgemeine Zeitung and Rheinische Post. The company aims to shift some operations to Romania and India, as well as considerably reduce starting salaries. Areas like network technology and customer service will be affected.

Deutsche Telekom tweaks charges in German mobile turf war

FRANKFURT (Reuters) - Deutsche Telekom followed its three main rivals and revised its German mobile charges on Monday as the turf war intensifies Europe's biggest national market. KPN's E-Plus, Vodafone Germany and Telefonica Germany's O2 have already changed their prices as German consumers catch up with the rest of the continent by switching to smartphones from basic mobiles. Deutsche Telekom said it would offer customers who already own a mobile device a 20 percent discount and add free data access to all packages.

Vodafone slashes Czech prices to match Telefonica offer

PRAGUE (Reuters) - Vodafone slashed its calling rates in the Czech Republic on Friday, just a day after rival Telefonica Czech Republic cut its prices, in a market long criticised for lack of competition. Vodafone said it was launching unlimited calls and text messages along with 600 megabytes of data for 691 crowns (22.81 pounds) per month. Telefonica offered unlimited call and text messages along with 1 gigabyte of data for 745 crowns on Thursday.

Telecom Italia top shareholder sceptical over Hutchison deal - sources

MILAN (Reuters) - Telecom Italia's main shareholder, holding company Telco, has given a cool reception to a proposal for a possible tie up with the Italian mobile phone unit of Hutchison Whampoa, three sources close to Telco told Reuters. The sources were speaking after Telecom Italia's board discussed the proposal on Thursday and mandated its chairman and four board members to explore it further.
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