Eurobites: Vodafone Unveils UK Quad-Play Plans

Also in today's EMEA regional roundup: Oi rejects dos Santos bid; happy TalkTalk; KPN ditches set-top box.

Paul Rainford, Assistant Editor, Europe

November 11, 2014

2 Min Read
Eurobites: Vodafone Unveils UK Quad-Play Plans

Also in today's EMEA regional roundup: Oi rejects dos Santos bid; happy TalkTalk; KPN ditches set-top box.

  • Vodafone Group plc (NYSE: VOD) used a results call to announce that it was launching a fixed-line UK broadband and TV service in the spring of 2015, buffing up its quad-play credentials in the face of bundled competition from the likes of BT Group plc (NYSE: BT; London: BTA) and EE , reports Bloomberg. Vodafone has already executed a similar strategy in some of its other territories, including Spain and Germany. The news comes only one day after BT announced an aggressive bundled services marketing campaign. As for its half-year results, group revenues were up 8.9% to £20.75 billion (US$32.9 billion), while EBITDA (earnings before interest, tax, depreciation and amortization) was up 5.5% to £5.88 billion ($9.32 billion). Investors liked the numbers, as Vodafone's stock added 6.7% to 221.7 pence on the London Stock Exchange in Tuesday morning trading.

    • Brazil's Oi has firmly rebuffed the €1.20 billion ($1.49 billion) bid from Angolan entrepreneur Isabel dos Santos for a slice of the combined Oi/Portugal Telecom carrier, reports Reuters, calling it "unacceptable." Oi prefers to deal with France's Altice, which has shown interest in Oi's Portuguese assets.

    • TalkTalk , the UK broadband and pay-TV provider, has posted decent growth in its half-year results, with revenue up 3.3% year-on-year to £871 million ($1.38 billion) and EBITDA up 44.7% to £110 million ($174 million). TV was particularly strong, with more than 300,000 net additions, while more than 25,000 broadband subscribers and 64,000 mobile subs were added in the same period. Nine percent of TalkTalk's customers now opt for its mobile offer.

    • Dutch incumbent KPN Telecom NV (NYSE: KPN) is to launch IPTV sans set-tops, according to a report on Broadband TV News. KPN has worked with SMiT, a conditional access specialist, to create a CI Plus module that allows KPN to deliver its services directly to selected smart TVs. The commercial launch of the service could happen in the second half of 2015.

      — Paul Rainford, Assistant Editor, Europe, Light Reading

Read more about:


About the Author(s)

Paul Rainford

Assistant Editor, Europe, Light Reading

Paul is based on the Isle of Wight, a rocky outcrop off the English coast that is home only to a colony of technology journalists and several thousand puffins.

He has worked as a writer and copy editor since the age of William Caxton, covering the design industry, D-list celebs, tourism and much, much more.

During the noughties Paul took time out from his page proofs and marker pens to run a small hotel with his other half in the wilds of Exmoor. There he developed a range of skills including carrying cooked breakfasts, lying to unwanted guests and stopping leaks with old towels.

Now back, slightly befuddled, in the world of online journalism, Paul is thoroughly engaged with the modern world, regularly firing up his VHS video recorder and accidentally sending text messages to strangers using a chipped Nokia feature phone.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like