vodafone
Britain's Competition and Markets Authority (CMA) has referred the proposed merger between British telecoms giant Vodafone Limited and CK Hutchison's Three UK, the parent company of which is headquartered in Hong Kong, to an in-depth probe. The UK regulator stated on Thursday that, based on the information currently available to it, there is a possibility that this merger may result in a substantial lessening of competition within one or more markets in the United Kingdom. On March 22, 2024, the CMA decided that it was or might have been the case that the merger could be expected to result in ...
DPA International
Vodafone Germany is cutting and relocating around 2,000 jobs in a bid to save €400 million ($434 million) in the next two years, the company announced on Tuesday. Vodafone currently employs around 15,000 people in Germany, which means that 13% of employees would be affected by the cuts. In addition to job cuts, Vodafone Germany plans to reduce material and operating costs, the head of the company, Philipp Rogge, said in a speech to employees. The measures affect, for example, systems that are outdated or duplicated following company takeovers. Rogge is leaving the company at the end of March. ...
DPA International
Vodafone Germany is cutting and relocating around 2,000 jobs in a bid to save €400 million ($434 million) in the next two years, the company announced on Tuesday. Vodafone currently employs around 15,000 people in Germany, which means that 13% of employees would be affected by the programme. In addition to job cuts, Vodafone Germany plans to reduce material and operating costs, head of the company Philipp Rogge said in a speech to employees. The measures affect, for example, systems that are outdated or duplicated following company takeovers. Rogge is leaving the company at the end of March. V...
DPA International
The head of telecommunications provider Vodafone Germany, Philipp Rogge, has announced plans to leave the company at the end of the month in a surprise move after less than two years at the helm. Rogge, a 54-year-old Belgian, will be replaced after March 31 by Marcel de Groot, a current Vodafone Germany board member responsible for private customers, the company announced on Friday. "We will continue to do our homework" and "switch to attack," said de Groot after his announcement as Vodafone Germany's next chief executive. Rogge, the son of the late former International Olympic Committee presi...
DPA International
Swiss telecom company Swisscom on Friday said it was set to acquire Vodafone Italia for €8 billion ($8.7 billion) with the aim of becoming a leading challenger in the Italian telecom market. Swisscom said in a statement that it entered into "binding agreements" with British telecommunications firm Vodafone Group to acquire 100% of its Italian subsidiary "with the aim of merging it with Fastweb," Swisscom's subsidiary in the country. "Vodafone Italia and Fastweb will bring together complementary high-quality mobile and fixed infrastructures, competencies, and capabilities to create a leading co...
DPA International
Offshore wind turbines in the North Sea will power around 12,000 Vodafone cellular network towers across Germany under a new deal that the mobile provider struck with German energy firm RWE. Vodafone operates a total of about 26,000 towers in the country. The offshore wind farm, named Kaskasi, is to supply a total of 250 gigawatt hours per year beginning in 2026, the two companies announced in Dusseldorf on Friday. The electricity supply contract has a term of 10 years. In return, Vodafone has installed a special offshore mobile radio station at the wind farm, which is located about 35 kilomet...
DPA International
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