Vodafone Group Plc
Vodafone Group Plc is known as a British multinational telecommunications organization headquartered in London, United Kingdom. It is the world's second-largest portable telecommunications company measured by both equally subscribers and 2011 earnings (in every single case behind China Mobile), and had 439 , 000, 000 subscribers as of December 2011. Vodafone possesses and runs networks in over 35 countries and has partner networks in over forty five additional countries. Its Vodafone Global Enterprise division gives telecommunications and IT companies to company clients in over sixty-five countries. Vodafone also has 45% of Verizon Wireless, the greatest mobile telecommunications company in the United States measured by subscribers. Vodafone includes a primary listing on the London Stock Exchange and is a ingredient of the FTSE 100 Index. It had a market capitalization of about £89. 1 billion as of six July 2012, the third-largest of any business listed on the Birmingham Stock Exchange. It has a supplementary listing upon NASDAQ.
The name Vodafone comes from voice data fone, chosen by the organization to " reflect the provision of voice and data companies over mobile phones"
The evolution of 'Vodafone' brand begins in 1982 with all the establishment of 'Racal Strategic Radio Ltd' subsidiary of Racal Electronics plc - UK's most significant maker of military car radio technology. Similar year, Racal Strategic The airwaves Ltd forms a joint venture with Millicom called 'Racal Vodafone', which usually would after evolve in the present day Vodafone.
Progression as a Racal Telecom brand�: 1980 to 1991
Vodafone's original logo, used until the introduction of the speechmark logo in 97 In 80, Sir Ernest Harrison OBE, the in that case chairman of Racal Electronic devices plc agreed a deal with Lord Weinstocks of General Electric Company plc to let Racal to get into some of GEC's tactical challenge field the airwaves technology. Your head of Racal's military radio division - Gerry Whent was briefed by Ernest Harrison to operate a vehicle the company in commercial mobile phone radio. Whent visits GE's mobile the airwaves factory in Virginia, USA precisely the same year to know the professional of army radio technology. In 1982, Racal's newly formed Racal Strategic A radio station Ltd part won one of two UK mobile telephone network licenses, together with the other likely to British Telecom The network, known as Racal Vodafone, was a partnership 80% held by Racal, with Millicom holding 15% and Hambros Technology Trust 5%. Vodafone was launched in 1 January 1985, and shortly thereafter Racal Strategic The airwaves was has been renowned Racal Telecoms Group Limited. On 30 December 1986, Racal Electronics bought your minority investors of Vodafone for GB£110 million; and Vodafone became a fully owned make of Racal. In September 1988, the company was again has been renowned Racal Telecom. On 21 October 1988, Racal Telecom, majority held by Rasal Electronics; proceeded to go public in the London Share Exchange with twenty percent of it is stock floated. The effective flotation led to a situation where Racal's risk in Racal Telecom was valued more than the whole of Racal Gadgets. Under currency markets pressure to realise full worth for shareholders of Racal, Harrison determines in 1991 to demerge Racal Telecom. Vodafone Group, then Vodafone Airtouch plc�: 1991 to 2150
On sixteen September 1991, Racal Phone system was demerged from Racal Electronics as Vodafone Group, with Gerry Whent as its CEO. In Come july 1st 1996, Vodafone acquired both thirds of Talkland that did not currently own to get £30. 6 million. On nineteen November 1996, in a defensive move, Vodafone purchased Peoples Phone for £77 million, a 181 shop chain in whose customers were overwhelmingly applying Vodafone's network. In the same move the corporation acquired the 80% of Astec Marketing and sales communications that it did not own, a service provider with 21 stores. In January 1997, Gerald Whent retired and Christopher Gent took over as the CEO. The same yr, Vodafone launched its Speechmark logo, composed of a quotation mark in a...