Vodafone UK has introduced a ‘fixed price promise’ that says the basic monthly charge of a mobile phone contract won’t increase during the minimum term.
It follows a clarification of Ofcom’s rules earlier this year. As a result, mobile network operators can no longer introduce ‘unexpected’ price increases during a contract.
Mobile payment service provider iZettle has announced €40 million (£33 million) of new funding.
This Series C (i.e. third) funding round was led by London-based investor Zouk Capital, with Dawn Capital, Intel Capital and a number of existing investors also participating.