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Stock Market & Financial Investment News

News Breaks
July 3, 2014
06:25 EDTVODVodafone, ESB invests GBP 450M in fibre broadband network in Ireland
ESB and Vodafone signed a joint venture agreement to invest GBP 450M in building a 100% fibre-to-the-building broadband network offering speeds from 200 Mbps to 1000 Mbps. Ireland will become the first country in Europe to utilise existing electricity infrastructure on a nationwide basis to deploy fibre directly into homes and businesses, initially reaching 500,000 premises in 50 towns. Subject to European Commission approval, the 50:50 joint venture will begin rolling-out the new network across Ireland in the coming months, with the first customers able to avail of 100% fibre broadband from the start of 2015. The initial phase of the project is expected to be fully rolled-out by the end of 2018, with scope for a second phase under the joint venture. Reference Link
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December 16, 2014
07:02 EDTVODVodafone to use loan to buy $750M of BlackBerry offerings, Globe and Mail says
Canada has agreed to lend $850M to Vodafone (VOD), which will use $750M of the funds to buy products and services from BlackBerry (BBRY), according to Globe and Mail. Reference Link

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