Vodafone Restructuring
INTRODUCTION
The headquarters ofVodafone Romania in Bucharest in above figure.
The evolution of 'Vodafone' started in 1982 with the establishment of the 'Racal Strategic Radio Ltd' subsidiary of Racal Electronics plc – UK's largest maker of military radio technology, which formed a joint venture with Millicom called 'Racal', which evolved into the present day Vodafone Vodafone Group plc is a British multinational telecommunications company headquartered in London and with its registered office in Newbury, Berkshire. It is the world's third-largest mobile telecommunications company measured by both subscribers and 2013 revenues and had 453 million subscribers as of June 2013.
Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £89.1 billion as of 6 July 2012, the third-largest of any company listed on the London Stock Exchange. It has a secondary listing on NASDAQ.
The name Vodafone comes from voice data fone, chosen by the company to "reflect the provision of voice and data services over mobile phones"
Evolution as a Racal Telecom brand: 1980 to 1991
In 1980, Sir Ernest Harrison OBE, the then chairman of Racal Electronics plc. agreed to a deal with Lord Weinstock of General Electric Company plc to allow Racal to access some of GEC's tactical battle field radio technology. The head of Racal's military radio division – Gerry Whent was briefed by Ernest Harrison to drive the company into commercial mobile radio. Whent visited GE’s mobile radio factory inVirginia, USA the same year to understand the commercial use of military radio technology
Vodafone was launched on 1 January 1985 under the new name, Racal-Vodafone (Holdings) Ltd, with its first office based in the Courtyard in Newbury, Berkshire, and shorty thereafter Racal Strategic Radio was renamed Racal Telecommunications Group Limited.On 29 December 1986,
On 26 October 1988, Racal Telecom, majority
The headquarters ofVodafone Romania in Bucharest in above figure.
The evolution of 'Vodafone' started in 1982 with the establishment of the 'Racal Strategic Radio Ltd' subsidiary of Racal Electronics plc – UK's largest maker of military radio technology, which formed a joint venture with Millicom called 'Racal', which evolved into the present day Vodafone Vodafone Group plc is a British multinational telecommunications company headquartered in London and with its registered office in Newbury, Berkshire. It is the world's third-largest mobile telecommunications company measured by both subscribers and 2013 revenues and had 453 million subscribers as of June 2013.
Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £89.1 billion as of 6 July 2012, the third-largest of any company listed on the London Stock Exchange. It has a secondary listing on NASDAQ.
The name Vodafone comes from voice data fone, chosen by the company to "reflect the provision of voice and data services over mobile phones"
Evolution as a Racal Telecom brand: 1980 to 1991
In 1980, Sir Ernest Harrison OBE, the then chairman of Racal Electronics plc. agreed to a deal with Lord Weinstock of General Electric Company plc to allow Racal to access some of GEC's tactical battle field radio technology. The head of Racal's military radio division – Gerry Whent was briefed by Ernest Harrison to drive the company into commercial mobile radio. Whent visited GE’s mobile radio factory inVirginia, USA the same year to understand the commercial use of military radio technology
Vodafone was launched on 1 January 1985 under the new name, Racal-Vodafone (Holdings) Ltd, with its first office based in the Courtyard in Newbury, Berkshire, and shorty thereafter Racal Strategic Radio was renamed Racal Telecommunications Group Limited.On 29 December 1986,
On 26 October 1988, Racal Telecom, majority