VODAFONE INVESTS EUR 240M
[BIZ: Maastricht, November 9] In January this year, Vodafone Netherlands formed a dedicated business unit for the Enterprise market as well as the Consumer market. Focus on customers' needs and relevant services has since then increased significantly. This has resulted in some major achievements for the enterprise market this year. E.g. the introduction of Vodafone Wireless Office in which mobile phones increasingly substitute fixed phone functionalities, the continuous expansion of our PDA and mobile email portfolio, streamlining data roaming tariffs, the introduction of UMTS broadband (HSDPA), investments of EUR 240 million in network quality and coverage, are all examples underlining Vodafone's leading position in the enterprise market. Acquisition TNF will offer fixed and mobile to Vodafone customers By taking over TNF, Vodafone can now offer business customers fully managed IP network solutions by using broadband technology. The roll out and managing of company networks, including secure internet access and coupling home and mobile workers is the core business of TNF. TNF will continue as a separate business unit within Vodafone Libertel N.V. and will operate under its own name. Jeroen Hoencamp, Director Enterprise Business Unit Vodafone Netherlands: "TNF is one of the fastest growing specialists in managed services for company networks, with an excellent reputation in the market. We are pleased that we can now integrate the expertise and services of TNF into our existing range of services. With this we underline our leading position and it enables us to offer a total communication offering as strategic partner in both mobile as fixed line communication." Jack Smits, Director of The Network Factory B.V.: "The market not only asks for integration of voice and data, but also integration of mobile and fixed line communication. Currently, TNF is primarily active in the field of data communication. We were eager to work with a partner that not only offers voice, but is able to instantly integrate voice and data for both fixed as mobile and make this step with us. The combination with Vodafone offers TNF a unique position in the market, with Vodafone being complementary to our own field of expertise."
Vodafone Netherlands has announced the acquisition of The Network Factory (TNF). Vodafone and TNF will join forces to offer integrated broadband services for voice and data communication on mobile and fixed networks to the Enterprise market. With this acquisition Vodafone can significantly extend its offering to business customers and strengthen its market position. The acquisition is a logical next step in a range of strategic decisions by Vodafone Netherlands, underlining its strong position in the enterprise market and fits seamlessly into the company's Mobile Plus strategy.
The strategic acquisition of TNF is a logical next step for Vodafone Netherlands in its strategy to fulfill customers' total communication needs. This so called Mobile Plus strategy has 'mobile' as its core offering, whilst adding fixed voice and data communication where needed. In this way Vodafone can deliver on customers' growing desire for one strategic partner in managing their total communication needs.
http://www.vodafone.com/