Vodafone UK is increasing investment in its network this year as it brings together its fixed and mobile infrastructure to provide integrated services to business customers and prepares for the launch of ultra-fast 4G services by the late summer.
Spending is set to increase 50% to more than £900m in the current financial year, or more than £2.5m every day, the company said in a statement issued today (3 June 2013). Vodafone is creating a seamlessly integrated fixed and mobile network, having last year acquired one of the UK’s largest fixed communications providers Cable & Wireless Worldwide for more than £1bn.
This network will support businesses and public sector customers as they look to create innovative services, simplify their operations, increase productivity and reap the benefits of better ways of working – allowing their people to work from any location.
The investment comes as Vodafone prepares for the launch of ultra-fast 4G services by the end of the summer. Having spent £802m securing the widest portfolio of available spectrum in the recent Ofcom auction, Vodafone is well advanced with preparations for the next generation of mobile internet services. Vodafone has already pledged to deliver indoor coverage to 98% of the UK population by 2015.
Vodafone UK chief executive Guy Laurence (pictured) said: ‘This investment is great news for customers and further evidence of our commitment to deliver our best ever network. We’re bringing together the best of mobile and fixed communications to help our business customers make their communications work for them.
‘For consumers, it’s another important step towards the arrival of our ultra-fast 4G service later this year. It is also great news for the country. We’re investing in vital national infrastructure that can help play an important role in supporting growth in the wider economy.’