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Vodafone falls slightly short of Ofcom's 3G coverage target

Ofcom has published the results of its assessment into whether or not the UK’s ‘big four’ mobile phone networks have met their 3G coverage obligations.

Although the 3G 2100MHz mobile spectrum licences originally only required networks to cover 80% of the UK population with 3G service, the government later increased this obligation to 90% population coverage. The deadline for meeting this requirement was 30th June 2013.

Author: The Fonecast
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Twitter stock market flotation values the company at £8.8 billion

Twitter is valuing itself at $14.2 billion (£8.8 billion) when it launches on the New York stock exchange today. It’s pricing its Initial Public Offering of 70 million shares at $26 each, which will raise $1.82 billion.

The micro-blogging site had previous estimated a price range of $17-$20 per share and later increased that to $23-$25.

Author: The Fonecast
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