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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Vodafone Group plc    VOD   GB00B16GWD56

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Vodafone To Provide Mobile Communication Services in 30 Countries

02/22/2013 | 04:21am US/Eastern

LONDON--Mobile communications company Vodafone Group PLC (>> Vodafone Group plc) Friday announced that it has been selected by ThyssenKrupp (>> ThyssenKrupp AG) to provide mobile communications services in Germany and 29 other countries across Europe, Latin America and the Asia-Pacific region.

MAIN FACTS:

-Will provide the industrial corporation with 60,000 mobile voice and data connections and services including mobile device management.

-Will also provide ThyssenKrupp with 50,000 machine-to-machine (M2M) cards which will aid the remote control and maintenance of industrial products including tens of thousands of ThyssenKrupp elevators and their emergency intercom systems.

-New contract represents a doubling in volume of Vodafone's previous contract with ThyssenKrupp.

-Shares of Vodafone at 0903 GMT up 1 pence or 0.1%, at 161 pence.

-Write to Tapan Panchal at tapan.panchal@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Vodafone Group plc, ThyssenKrupp AG
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