On 29 June 1999, Vodafone completed its purchase of American service provider AirTouch Communications, Inc.
In the same year, Vodafone introduced its Speechmark logo, composed of a quotation mark in a circle, with the Os in the Vodafone logotype representing opening and closing quotation marks and suggesting conversation.
In January 1997, Whent retired and Chris Gent took over as CEO. In a similar move the company acquired the 80% that it did not already own of Astec Communications, a service provider with 21 stores. On 19 November 1996, in a defensive move, Vodafone purchased for £77 million Peoples Phone, a 181-store chain whose customers were overwhelmingly using Vodafone's network. In July 1996, Vodafone acquired the two-thirds of Talkland it did not already own for £30.6 million. On 16 September 1991, Racal Telecom was demerged from Racal Electronics as Vodafone Group, with Gerry Whent as its CEO. Vodafone Group, then Vodafone Airtouch: 1991 to 2000
Vodafone mobile broadband 10 full#
Under stock market pressure to realise full value for shareholders, Racal demerged Racal Telecom in 1991. The successful flotation led to a situation where Racal's stake in Racal Telecom was valued more than the whole of Racal Electronics. On 26 October 1988, Racal Telecom, majority held by Racal Electronics, went public on the London Stock Exchange with 20% of its stock floated. On 29 December 1986, Racal Electronics issued shares to the minority shareholders of Vodafone worth £110 million, and Vodafone became a fully owned brand of Racal. The first non-Vodafone employee to make a UK mobile phone call was comedian Ernie Wise, from St Katharine Docks, London on 1 January 1985. Vodafone was launched on 1 January 1985 under the new name of Racal-Vodafone (Holdings) Ltd, with its first office based in the Courtyard in Newbury, Berkshire, and shortly thereafter Racal Strategic Radio was renamed Racal Telecommunications Group Limited. According to the UK Secretary of State for Industry, "the bid submitted by Racal-Millicom Ltd … provided the best prospect for early national coverage by cellular radio."
Vodafone mobile broadband 10 plus#
Final ownership of Racal-Millicom Ltd was 80% Racal, with Millicom holding 15% plus royalties, and the venture firm Hambros Technology Trust holding 5%. Due to concerns of the British government about foreign ownership, the terms were revised, and in December 1982 the Racal-Millicom partnership was awarded the second UK mobile phone network licence. The two struck a deal giving Racal 60% of the new company, Racal-Millicom Ltd, and Millicom 40%. Jan Stenbeck, head of a growing Swedish conglomerate, set up an American company, Millicom Inc, and approached Gerry Whent in July 1982 about bidding jointly for the UK's second cellular radio licence. Whent visited a mobile radio factory run by General Electric (unrelated to GEC) in Virginia, US, the same year to understand the commercial use of military radio technology. The head of Racal's military radio division, Gerry Whent, was briefed by Ernest Harrison to drive the company into commercial mobile radio. In 1980, Ernest Harrison, the then chairman of Racal Electronics, agreed to a deal with Lord Weinstock of the General Electric Company to allow Racal to access some of GEC's tactical battlefield radio technology. Vodafone's original logo, used from 1991 to 1997 The evolution of Vodafone started in 1981 with the establishment of the Racal Strategic Radio Ltd subsidiary of Racal Electronics, the UK's largest maker of military radio technology, which formed a joint venture with Millicom called 'Racal', which evolved into the present Vodafone. The name Vodafone comes from voice data fone (the latter a sensational spelling of " phone"), chosen by the company to "reflect the provision of voice and data services over mobile phones". The company has a secondary listing on Nasdaq. Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries. It predominantly operates services in Asia, Africa, Europe, and Oceania.Īs of January 2023, Vodafone owns and operates networks in 21 countries, with partner networks in 47 further countries. Its registered office and global headquarters are in Newbury, Berkshire, England. Vodafone Group Plc ( / ˈ v oʊ d ə f oʊ n/) is a British multinational telecommunications company.
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