Last year O2 UK introduced a smartphone leasing service called O2 Lease.
Vodafone has now joined the consumer leasing market with ‘Red Hot’, which also offers a phone, tariff and insurance for a single monthly payment.
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Vodafone has announced its half-year financial results for the six months until 30th September 2012.
Group revenue was down 7.4% year-on-year to £21.78 billion, although the company says this is equivalent to an ‘organic’ 0.2% increase when mergers, acquisitions and foreign exchange rates are taken into account.
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Virgin Media has created two new ‘pay as you go’ mobile phone tariffs, one with unlimited landline calls and the other with unlimited data and text messages.
It follows the creation of unlimited ‘pay monthly’ Virgin Media deals earlier this year.
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Big news but no big surprises
Mark Bridge writes:
In many ways it’s been a week of big news without big surprises. Apple announced the much-rumoured iPad mini, which is just like an iPad but smaller. It also introduced a fourth-generation update to its larger iPad, promising more speed and more 4G connectivity.
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The Advertising Standards Authority has ruled that a TV advertisement and web page promoting a T-Mobile offer for “unlimited free texts forever” didn’t breach UK advertising regulations.
Two people who complained about the pay as you go offer didn’t believe it really would be available indefinitely.
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