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Vodafone after nearly $1 billion in damages from Telefonica

Categories: Telefonica, Vodafone
By: , IntoMobile
Tuesday, September 16th, 2008 at 6:12 AM

Spanish carrier Airtel, a recent acquisition of Vodafone, was getting royally stomped through unfair practices by dominator Telefonica back in ’99, and had successfully won their Supreme Court complaint in 2006. To date, however, they still haven’t received compensation, which could be worth upwards of €670 million ($940 million). Vodafone says it still might take a couple of years to figure a final number, but when the stakes are that high, you can hardly blame the courts for being extra-careful. We might not see much of Telefonica here in North America, but don’t be fooled, they’re heavy-duty. Last year, they had reported 23.2 million subscribers, versus Vodafone’s 15 million. I’d be curious to hear what strategies in particular Telefonica was employing to gain unfair advantage. It would have to be something awfully underhanded in order to demand that much compensation…

[via cellular-news]

About The Author

Simon Sage

Simon Sage’s education largely surrounded writing, technology and online community, leading him to begin his blogging career at www.BlackBerryCool.com and to quickly discover a vibrant and active community surrounding BlackBerry and mobile technology. In exploring RIM’s platform, he has learned what enterprises are looking for in mobility as well as what makes the innocuous BlackBerry so appealing to them. Recently Simon’s been covering RIM’s gradual move into an already-crowded consumer market, and the impact of burgeoning challengers, such as the iPhone, as well as long-time leaders, like Nokia, on BlackBerry’s advancement. With plenty of content under his belt, Simon will be branching off a bit to see what other smartphone manufacturers are working on while still using BlackBerry as a barometer. At IntoMobile, you can count on his posts being even-handed, well-informed and thought-out.