The name Vodafone comes from Voice data fone, chosen by the company to "reflect the provision of voice and data services over mobile phones."
Headquarters Newbury, Berkshire, England, UK.
HISTORY
In 1982 Racal Electronics plc's subsidiary Racal Strategic Radio Ltd. won one of two UK cellular telephone network licences. The network, known as Racal Vodafone was 80% owned by Racal, with Millicom and the Hambros Technology Trust owning 15% and 5% respectively.
Vodafone was launched on 1 January 1985. Racal Strategic Radio was renamed Racal Telecommunications Group Limited in 1985.On 29 December 1986 Racal Electronics bought out the minority shareholders of Vodafone for GB£110 million.
In September 1988 the company was again renamed Racal Telecom and on 26 October 1988 Racal Electronics floated 20% of the company. The flotation valued Racal Telecom at GB£1.7 billion.On 16 September 1991 Racal Telecom was demerged from Racal Electronics as Vodafone Group.
In September 1988 the company was again renamed Racal Telecom and on 26 October 1988 Racal Electronics floated 20% of the company. The flotation valued Racal Telecom at GB£1.7 billion.On 16 September 1991 Racal Telecom was demerged from Racal Electronics as Vodafone Group.
Vittorio Colao current CEO Vodafone group.
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