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Vodafone to acquire Cobra Automotive Technologies

2014-06-16 08:39:00| Telecompaper Headlines

(Telecompaper) Vodafone announced plans to acquire Cobra Automotive Technologies for EUR 145 million. Based in Italy and listed in Milan, Cobra is a provider of security and telematics services to the automotive and insurance industries. Vodafone said the deal will help it expand in the M2M market, offering more services than just connectivity. Vodafone will pay EUR 1.49 per share for Cobra, which also holds EUR 48 million in debt, under the agreement with holders of 74 percent of Cobra shares. Vodafone also agreed to acquire another 20 percent in Cobra from minority shareholders for EUR 20 million, once the initial offer is completed. Pending regulatory approval, the takeover is expected to close in the third quarter. 

Tags: automotive technologies acquire vodafone

 

Deutsche Telekom 'does a Vodafone' and dishes dirt on govt snooping

2014-06-13 02:00:00| Total Telecom industry news

German incumbent publishes number of legal requests for information from security authorities.

Tags: on deutsche telekom dirt

 
 

Vodafone extends UK LTE network

2014-06-10 02:00:00| Total Telecom industry news

U.K. mobile operator to launch 4G services in five new markets this summer.

Tags: network extends vodafone lte

 

VIDEO: Vodafone reveals direct wiretaps

2014-06-07 03:59:51| BBC News | Business | UK Edition

Vodafone has said that a small number of governments have direct access to communications flowing over its networks.

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Vodafone: Some Governments Have Direct Network Access

2014-06-06 19:38:53| PC Magazine Security Product Guide

Most governments require legal notices to eavesdrop, but others have a direct line to users, Vodafone said today.

Tags: access network direct governments

 

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