Softbank to raise $12 bln on Vodafone: source
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Japan's Softbank Corp. 9984.T plans to   raise about $12 billion by securitizing earnings of the cell   phone unit it bought from Vodafone Group PLC VOD.L, a source   close to the matter said on Tuesday, allowing it to secure   funds at a lower rate than with conventional loans.
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Japanese telecoms operator and Internet investor Softbank Corp said on Monday it was to introduce a new phone service, which analysts said was likely to be a cut-rate, fixed-line service that could hit dominant Nippon Telegraph and Telephone Corp (NTT
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Vodafone Group on Monday denied a newspaper report it is considering making a $160 billion bid for its U.S. partner in the wireless phone business, Verizon Communications.
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Vodafone Group Plc plans to hand 6.0 billion pounds (&#36;11.12 billion) back to shareholders this year after doubling half-year and full-year dividends and boosting a multi-billion pound share buy-back program.
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(InfoWorld) - Vodafone Group is counting on the MySpace.com social networking site to drive its U.K. customers to use their mobile phones for more than just talking. The two companies have struck a deal the to distribute software for updating a MySpace user profile from a mobile phone, the companies announced on Wednesday. The agreement is the first MySpace, which is owned by News Corp., has reached with a European carrier, a MySpace spokesman said. It calls for Vodafone to ship an application on new mobile phones it sells that will allow MySpace users to e-mail, blog, manage their community of friends and post comments to other users' profiles. The application, which will also be available for download, will be launched before the end of the year for U.K. users, the companies said. Pricing for use of the application has not been set, a Vodafone spokesman said. The agreement could help Vodafone nudgeÂ slow overall revenue growth in Europe, by drawing on the MySpace's popularity to boost use of mobile data services. Vodafone saw growth in mobile data services revenue accelerate in the fourth quarter, but the total still lagged far behind revenue from voice services. MySpace counted 90 million unique visitors worldwide in December, the spokesman said. Vodafone has about 16.9 million customers in the U.K. MySpace launched a similar dealÂ in the U.S. in December with Cingular Wireless. Cingular subscribers can download a Java application that lets them manipulate MySpace for $2.99 per month plus standard use charges.
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Britain's Vodafone Group Plc  will outsource application development and maintenance services globally to U.S.-based tech firms EDS  and IBM , the mobile phone giant said on Thursday.
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VODAFONE chief executive Arun Sarin today promised to return more cash to shareholders in the form of bigger dividends or share buybacks.
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US telecoms firm Verizon is reported to have won the backing of mobile partner Vodafone for a bid for US rival Sprint.
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Vodafone Group PLC on Monday denied a newspaper report it is considering making a $160 billion bid for its U.S. partner in the wireless phone business, Verizon Communications Inc.
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VODAFONE posted what chief executive Arun Sarin described as &quot;a robust set of half year results&quot; on Tuesday. * Group turnover of Â£16.8 billion.
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BARCELONA/HONG KONG  - Vodafone shares climbed in early Monday trading after it beat rival suitors with an $11.1 billion bid for a controlling stake in Hutchison Essar, India's fourth-biggest mobile phone firm.
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Vodafone Group Plc  has  won the battle for a controlling stake in Hutchison Essar,  India's No. 4 mobile operator, with a bid that values it at  around $19 billion including debt, a source and India's Essar  group said on Sunday.
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Mobile phone titan Vodafone Group Plc doubled its half-year dividend to 1.91 pence, the top end of forecasts, and extended a full-year share buy-back program in a widely-anticipated handout to investors.
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LONDON (CBS.MW) -- Mobile phone network leader Vodafone Group on Tuesday cheered the market by more than doubling its interim dividend and increasing its share buyback plan by 1 billion pounds ($1.
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Business & money: Shares jump more than 12% after embattled bank reveals takeover offers.
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Softbank, the Japanese telecommunications conglomerate, on Thursday closed one of the world's biggest whole-business securitisations on record, a Y1,442bn ($12.4bn) refinancing of the purchase of Vodafone Japan's mobile business.
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Softbank Corp , in a tight race  for customers in Japan's saturated mobile phone market, may  offer free calls between users of mobile phones and Web-based  phones, sources briefed on the matter said on Tuesday.