tpg and vodafone reaching a deal. not had an easy time in australia.it has been quite a complicated, high-pressure environment. does this change the outlook? reporter: that is right, haidi. coverage issues, and customers have been known to complain in some areas where vodafone has been a bit touchy. that said, they build up the millions, andby that is certainly not is certainly not insignificant. what this deal does do is it strong presence in the broadband space with vodafone's relative strength in the mobile space, and this could take them to another level in terms of the us trillion market. haidi: does this change their competitiveness? james: yes, dies. we have had essentially a medications.the they have had a hold on this market, and we have had players and vodafone trying to get into the market and not making it, but this really has made them into a third force in this market. ramy: all right, james, what does tpg need to do? tpg does have a heavy debt burden, partly due to theperception pertaining to spectrum auctions here in australia. this dea

joining the outside vodafone shop in syd ney joining the outside vodafone shop in sydney is how willw much of an impact will it have? —— howell. the two companies claim that they will be able to challenge the main players and aussies will have a big customer base. vodafone has about 6 million customers in australia. ctg doesn't have customers but it will be able to bring its internet customers together. some people argue there may be if there would be lower condition if they had offered a fourth mobile network. it will be up a fourth mobile network. it will be up to the competition watchdog to decide if this is the best way. lot of customers are complaining in australia about the unreliable internet. servers are saying it is sluggish, will this improve the service and will it mean cheaper rate is? —— rates. visitors in australia will be familiar with that. there is a national robben network rolling out but companies are under pressure to make that faster. tpg is one that offers the indian. it focuses more on five g, focusing on a connection through your mobile phone. that is what the

this marriage which combines tpg fibre network and vodafone mobile system is sending share prices on deal soaring on the syd ney sides of the deal soaring on the sydney stock exchange. it comes as australian predication sectors face of people from the rollout of a government owned nbn which is a dented internet profitability and driven price credibility into the market. they have given it the thumbs up to this deal, saint combining fixed and mobile assets, the new tpg will be in a position to compete with optus. if you take a look at the share price, they are really soaring. tpg jumping 15% while you have the tightly held shares to the highest level in ii yea rs. as shares to the highest level in ii years. as for telstra, its stock is rising by 2.5%. as part of the deal, tpg says it will spin off the singapore mobile business, separating it from the new merged company. it seems like this deal will materialise by 2019. thank you and nice to see you, ricoh. —— rico. now let's brief you on some other business stories: chinese made batteries failing to meet performance aims. tim cook, th

vodafone australia, which is owned by the hong kong—based ck hutchison and vodafone group, will haveirst karishma vaswani is in singapore. this is a massive new telecoms giant thatis this is a massive new telecoms giant that is effectively being created, all born in australia, as you were saying. vodafone's australian operations and tpg telecom will create a brand—new mobile, fixed line and broadband provider. $11 billion, the merger is worth that much. effectively it will be big enough, according to analysts, to match the scale of the rivals in the country, telstra and optus. the new entity, which is called tpg, has already been given a thumbs up, as shares soar across australia. analysts say that it should result in better service and lower prices. it is one of the biggest complaints over there, broadband, many it is one of the biggest complaints overthere, broadband, many say it is one of the biggest complaints over there, broadband, many say it is too slow and equality is not good enough. the move comes as australia's telco sector faces uncertainty because of a from the governmen

positive for kpn and budget telecom but negative for vodafone.k --is going on with [inaudible] generate most of the revenue from construction. they did add customers, they are smallest- france's telecom unit. higherd see shares move at eight. calls, one seen some do 3%. that could be a stock that ends up moving. plenty of stock stories coming up. we will see a lot of stocks going ex dividend particularly at of the u.k. you can get all the stock news on your bloomberg at first go. you can find it on the mobile app as well. we will talk about the market slightlyfutures, negative open. this is bloomberg. ♪ guy: minutes until the start of cash trading this thursday morning. euro-dollar, kind of flat right now. foreign markets and the aussie and kiwi. we are about to get inflation data out of germany. the number comes after lunchtime today. we are looking at an italian auction today. euro-dollar trading 117 .02. chinese markets are softer overnight. down around 1% going into the close. 77.71 on oil. grinding out. the records continued to be made. up b

telecoms giant vodafone's all strain the operation is set to merge with the country's second biggest internet provider t p g telecom the deal is said to be worth eleven billion dollars what a phone has been struggling down on tour where it's the third biggest mobile phone provider in a joint venture of mentor hong kong based hutchens and he's hoping the planned merger will allow it to provide provide a stronger mix of services beyond mobile phones similar to the strategy vodafone has been following in countries like germany where its vaults for its phone services by buying major internet and t.v. providers. you're watching news coming to you live from berlin we have a fresh bulletin coming up at the top of the hour don't forget you can get all the latest news and information and a website that's developing for now thanks for watching. fashion item with a venerable cause. the british to shut it all to use its proper name the net. to strike strong the first morning french sailors. then it was discovered by film stars and it continues to inspire designers to this day. the robot arms. mo

provider service t p g telecom the deal is said to be worth eleven billion dollars now vodafone has been struggling where is the third biggest mobile phone provider in a joint venture with hong kong based hutchinson it's hoping the black merger will allow it to provide a stronger makes of services beyond mobile phones similar to the strategy what a phone has been following in countries like germany where it's bolster its own services by buying major internet and cable t.v. providers. japanese or studies giant panasonic plans to move its european that quarters to amsterdam from london in october to avoid any taxes use linked to that the u.k. is exit from the european union could mean that japanese authorities may treat britain as a tax haven if that happened on a sonic would face retroactive taxes for its u.k. operations back in japan uncertainty about the movement of goods and people between britain and the e.u. post-crisis also played a role in the decision by panasonic britain plans to leave the european union in march next year. and a reminder of the top story we're following for

vodafone is doing as poorly as it is.hen i see that yield, again, say red flag. i've got a lot of red flag yields tonight we do want yields that are good, but we don't want outsized that means there is too much risk and, that ladies and gentlemen, the conclusion of the "lightning round. >> the "lightning round" is sponsored by td ameritrade what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade >>> can agco still make their heavy machinery go >> our so-called trading partners love to go after american agriculture, and sure enough, that's exactly what ch

gatwick airport has apologised, as has vodafone, which provides the airport's it systems. airport's it systems. it is a problem both gatwick and its passengers could have done without, as the airport sees its busiest summer ever. much more on the bbc news website on those delays at gatwick. now on bbc news, sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme: its 100% start to the season forjurgen klopp's liverpool, as they see off crystal palace with a 2—0 win. frustration for diego costa, as atletico madrid kick off their la liga campaign with a draw at valencia. captain kohli shines again as india leave england with a mountain to climb. hello and thanks for joining us on sport today. we start with football, and liverpool have made it two wins out of two at the start of the new english premier league season. they won 2—0 at crystal palace on monday, and are one of six teams who've made a perfect start to the new campaign. liverpool took the lead when their captain james milner scored with a penalty on the stroke of half—ti

the tie-up could unite tpg's broadband services with vodafone's almost 6 million australian customers. >>> the italian government could take control of autostrade according to reuters the economy ministry has denied knowledge of such a plan the board of autostrade separately approved a 500 million relief fund in the wake of the genoa relief collapse carlo joins us from rome you have been following this story. there was the board meeting that occurred yesterday what more can you tell us, particularly in light of this reuters story suggesting that cdp may be looking to get a stake into atlantia as well. >> good morning. the building behind me is the same one that yesterday hosted autostrade's board meeting today's atlantia board of directors will be a different one. atlantia has many important international shareholders ranging from hsbc to blackrock to the singapore wealth fund and then the bennaton family the representative of these shareholders want to know what is the cleanup strategy the company devised after the jen ra bridge collapse. they will also talk about the latest from pri

gatwick airport has apologised, as has vodafone, which provides the airport's it systems. it is a problem both gatwick and its passengers could have done without, as the airport sees its busiest summer ever. now on bbc news — the travel show. this is japan's most northerly main island of hokkaido. for decades, travellers have been drawn here by its stark contrast to the rest of the country. it's anotherjapan, one that is wild, challenging and remote... it's an incredible experience! ..with distinctive communities. i've come to meet them, and to find out more about the country's northern frontier. so, if you look out to where i'm heading, that is japan's most northerly point. but on the other side, just a0 kilometres from the japanese coastline, is the great landmass russia. now, that is important, because it was russia expanding eastwards that led to japan, 150 years ago next year, to annex that island and give it the name hokkaido. the island isn't small. it is around one fifth of japan's total land mass, but nearly a century and a half after the move to fully populate ho

mobile and broadband services in australia just got a whole lot more comeptitve — because vodafone hasi has the details. this is a massive new telecoms giant that has effectively been created or born in australia. vodafone's australian operations and tpg telecom will create this brand—new mobile fixed line and broadband provider. $11 billion, the mergers we re provider. $11 billion, the mergers were that much. effectively it will be big enough according to analysts to match the scale of their rivals in the country. telstra and optus. the new entity which will be called tpg is already being given a thumbs—up by investors. shares from both the companies stored in australia. an analyst saying that consumers in theory should get better service and hopefully lower prices, too. broadband service in australia is one of the biggest complaints for people over there. many have said that it is far too slow and the quality is just not good enough. the move comes of course as australia's telco sector has been facing uncertainty because of the roll—out from the government —— a government owned broad

tpg telecom, aat massive deal coming through with them and vodafone hutchison.ioned the weakness in the aussie dollar on that fallen capex and you have ij markets saying it could fall to 71.6 cents. where watching the strengthen the dollar against the indian rupee. the rupee at a record low against the dollar, higher crude prices and the selloff in em currencies weighing into that move. manus and anna. manus: thank you very much, we will see with the central bank of india has to say to the u.s. donald trump has said talks with canada to overhaul the north american free trade it -- agreement are going well, expressing optimism that the countries could reach a deal this week. president trump: we are negotiating with them right now, they want to be part of the hill, we gave still friday and we are on track to my we will see what happens. things are working out very well. manus: the canadian prime minister justin trudeau's has said his government is trying to reach an agreement but he added that canada will not sacrifice its goal of getting "the right deal." nil in

-based vodafone and hong kong's ck hutchinson for two years.he debt is being reassessed from the deal and will be guaranteed by to offer giants -- to offshore giants. nejra: argentina's peso has plunged to a record low after the present appeal to the imf for cash faster. they approved a $15 payout in june as part of a credit line. it reminded investors of the fragile landscape. joining us is our emerging-market editor, and our guest is still with us. great to see you. the lira, still declining yesterday, despite moves from the central bank. worries over argentina and turkey are having an impact across em. should we be worried about the spillover effect? >> in emerging markets, we have reached a stage where, if the lira false 3%, the peso false 7%, people are asking did you wake me up for this? we are getting used to this volatility. but there are two separate selloffs happening. one driven by stories, the other by dollar strength, and they should not be confused. in emerging markets are pretty much contained within but we shouldents be worried

also tbt telecom, gaining ground amid speculation it is mulling talks to verge with vodafone in australia. that is boosting singapore. me --a check on sound since ipo, trading above 18 hong kong dollars. it has been a rocky road since its make -- it made its debut. a mixed picture when it came to that income statement. thank you so much for that. breaking news out of australia, watching the leadership crisis. australia's lower house has voted to suspend parliament. parliament is adjourned until september 10 amid its crisis. there is a two week break there before parliament. the prime minister could still resign. we could see the emergency meeting, a vote on the leadership happen today, tomorrow, or sources say as late as monday. looking at other pressing top stories. time, a fresh tariffs land from the u.s. and china. the trade dispute has dominated conversations on bloomberg today. >> if we simply want to have less of a deficit, that is not as hard to achieve and china can do that, but finding more long-term solutions will be much more difficult and i would say more difficult by ourselve

. >>> vodafone's australia business is merging with tpg telecom. they will form a larger third player to take on competitors. tpg will own 49.9% of the merged company, which will have an enterprise value of $11 billion. tpg shares have jumped to a near two-year peak in australia, while shares of hutchinson hits an 11-year high. >>> and the merger between the retail power younes of sse and in innogy se has been green lit ♪ >>> all right. the group stage draw for the champions league takes place later today in monaco with real madrid bidding to win the competition for a fourth year in a row. adam joins me to discuss more. >> thank you very much the draw takes place in monaco later this evening we'll get on to the specifics on the draw in a moment i would like to look into where the money goes from the champions league uefa says they have a net revenue for the competition of around 2.73 billion euros. and then that gets distributed about 2 billion of which for the club's participating in the champions league just to put that into context, europe's sec

domestic german business, it's doing well in the mobile segment especially compared to operates like vodafone >> is greater global consolidation in this sector the main factor to watch for with this stock >> and also with deutsche telecom they did a bunch of deals last year. >> they completed an austrian transaction. outstanding are the moves in the netherlands, and of course it has the big one with the plans with sprint in the u.s >> what about the regulatory obstacles? >> they're harder to interpret in the u.s. because we don't know there's one minute positive, one minute negative. but they're having a proper think about it in europe we have more of a precedent which will allow the deal it's all a question of remedies, whether you can keep the spectrum and what it means for competition going forward. >> on evaluation, telecoms in europe look cheap. they're trading at a significant discount, not only versus other sectors, but to different agree graphic locations. do you get the sense this may be beginning to turn around in the latter half of the year? any positive signs on a forward looking

airport blames a vodafone.ared up now but just imagine the utter pandemonium if this happened. >> air travel is going backward. set your dvr is a never miss another episode of "the five." i don't have anything else, so it's off to you, bret baier. >> president trump tries to pump up support for his immigration policy will continuing his collision investigation. pope francis apologizes profusely for the scandal. this is a "special report. >> bret: welcome to washington, i'm bret baier. president trump is in full attack mode tonight following another twitter offensive against the special counsel investigation. is also will ripping media reporting about cooperation between the investigators and his own white house counsel. john roberts starts us off tonight on the north lawn of the

you like vodafone and chipotle. two bonus european stocks we'll put up on facebook.re bumping up ends if the closing bell. great to see you. jeanie wyatt. south ses sass money management. [closing bell rings] liz: nasdaq, s&p are 1% away from territory. we'll see you tomorrow. now the closing bell. david: stocks starting very much in the green very much so. the dow reversing earlier losses ending day up 40 points. s&p up percentage wise more than that nasdaq closing in positive territory. i'm david asman. good to have you. melissa: i'm melissa francis. this is "after the bell." we have more on the very busy hour ahead. cracking down on iran. president trump keeping his promise to unravel the iran nuclear deal. set to it impose sanctions to go into effect at midnight tonight. we have

it is the responsibility of vodafone, they are the company that look after the it infrastructure, and. i have been told engineers are on site and they are working extremely hard to fix the problem, and they have said it is going to be their top priority. because at the moment, it is just whiteboards are being used on the departure for. staff are having to radio information to each other to write on the whiteboards the flight information for passengers. some people have taken to social media to vent their anger, some people posting pictures saying they can't believe this is happening. but gatwick is the uk's second busiest airport. thousands of passengers passing through each day. and august is an extremely busy time of year come so they will be trying to rectify this as soon as possible. thank you very much. from gatwick airport. more than two million muslims have started the hajj pilgrimage in saudi arabia, one of the world's largest annual gatherings. the hajj retraces the last steps of the prophet mohammed. these are the latest pictures from jeddah. every muslim is required to comp

vodafone, which provides the service, said the problem was due to a damaged fibre cable.nt reports. this is how the airport was telling passengers which gate they needed to go to to board their flight today. the digital information screens went blank after a data cable was danned. passengers —— damaged. staff updated the status of flights with marker pens. some had problems checking in. when we arrived the paper machine to print the boarding pass didn't work. so we wait, we wait, we ask, we were five person, that we will miss our flights. and they... didn't do anything. so we missed ourflight. it seems a lot of kiosks were down and there wasn't enough people to manage everyone who needed tickets. i ended manage everyone who needed tickets. iended up manage everyone who needed tickets. i ended up missing my flight and they told me i nigheded to needed to get on the next one. i'm frustrated, i was looking for a relaxing vacation. the issues affected the first wave of flights from four. 35am. screens at the north and south terminal were affected and around 200 people missed

this company has confirmed talks with a merger with vodafone, in an exploratory stage at this point.s bank is the biggest. loser in the index, falling the theloane 2003 as scandal deepens. the 2018 decline is now at 75%. anna? anna: juliette, thank you. thank you very much, for the update on the markets. ,'s terrible day yesterday afternoon. his personal lawyer implicated him in a crime at almost the same moment that his former campaign chairman became a convicted felon. bloomberg's chief white house correspondent kevin cirilli had this report. >> president trump. former campaign chairman found guilty on fraud. and michael cohen, his former personal attorney and longtime fixer, pleading guilty to providing hush money to women who had alleged extramarital affairs with the president. this comes as trump had defended paul manafort, including shortly before a rally in. >> houston, west virginia this has nothing to do with the russian collusion. this started as russian collusion. it has nothing to do with that. disgrace.tch hunt, a it has nothing to do with what they started out looking f

on gp telecom, agreeing to merge with vodafone. down --l trim -- sultry cell trion lower. move from london to amsterdam in october to avoid potential tax issues due to brexit. we see surrogate bank -- suruga the president is due to resign. that is a look at some of the movers. ramy: looking at the equities, it looks like it is fairly risk on. let's get first word news. jenna: sterling rallied above 1.30 as investors turned more optimistic that a deal will be a reach to be for the u.k. leaves the european union next march. the pound fell from its highest level in three weeks. the block is prepared to give britain an unprecedented partnership, unlike any deal it has offered to another country. the argentinian peso slumped after macri appealed to the imf or faster cash. buenos aires is expecting another 53 billion . -- 53 billion next month. thatovernment estimated the 200 $20 billion of rupees in circulation, about 70 billion was hidden illegally to avoid tax. 49% of the notes have been handed in, suggesting there was hardly any caswell unaccounted for. the world's most famo

is rer viz veri that right >> verizon, unlike at&t, they didn't go out and make an acquisition or vodafone. they stuck to rolling out 5g it's our chance to catch up with china as far as 5g is concerned. it's huge. it's a big change for we want to get streaming video and everything faster and better 5g is the answer yes, i would look at verizon >> michelle, some of those dividend stocks can look attracti attractive, but in a year's time will yields look more attractive >> i think we'll see yields moving higher. we talked about jamie dimon and 5% yields, it's hard to think we'll go that high if we don't have an inflation problem. so i think there will be more challenges i think that fixed income yields will move up but i'm not sure it will be necessarily taking away the luster the real question is to the extent that you see any kind of a weakness in equities and a shift into fixed income from a more fundamental standpoint. >> i have one question for you did you see this larry somers piece? in the ft, i'm curious what everyone thinks about this he's knocking the administration and saying that

early hours yesterday morning, a fibre—optic cable belonging to vodafone was severed and all of the screens, but the crucial thing is that the airlines have to get theirfirst thing is that the airlines have to get their first wave of flight out of gatwick and indeed other big airports between 6am and 8am in the morning and if they don't go on time then things unravel later and so you have the terrible scenes of people being unable to tell where the gate was, whether it was boarding, if it is on the last call, and 200 people at least who missed their holiday flights are sadly. easyjet is the biggest airline at gatwick and they said anyone who missed the flight got a free transfer, but terribly upsetting for people, and a reminder of the fact that we rely so much on digital stuff and there is a lot to be said for analogue things. certainly, simon. what about the people you mentioned, easyjet letting people on flights, what about everyone else, will they get compensation, could they get away? we had some delays building up. some flights were delayed because of the problems. of course it is muc

there was an article written about vodafone, hsbc, thomas cook, what would happen to them if greece collapsedterfor the came remembers the moment she saw her daughter for the first time in over 60 years. —— kim. but it was brief and bittersweet. all too soon they were torn apart. translation: when time was up, i let go of her hand and got onto the bus. the moment i sat down, i could not speak. not a single word came out of my mouth. translation: i felt like cutting off my own flesh. anyone who has given birth knows what it feels like to leave their children behind. she knows she was lucky to at least have this one chance. it is unlikely to come again. yoon heung—gyu is one of 88 who were chosen this time around. he got a call to say he will meet his younger sister. he hasn‘t seen her for nearly 70 years. translation: after hearing the news, i was so shocked that i drank and couldn‘t sleep at all that night. he fled north korea in the middle of the night, leaving his family behind after growing concerned about the spread of communism. he fought the north during the korean war, and is unhappy w

let to vodafone bistro emoji giving kids way to speak via emoji to communicate empathy and support. we have been happy to see or two with the companies represented here and around the world and real effort to collaborate and get together and think about how to solve these problems. they compete in terms of having users and having time spent online and everything else but they are willing to work together and share what's working, what's not working and new ideas and we want to continue to encourage that. that's an area success when it first started in this space where people were not sure what to do with safety issues to national leadership and helping others. also youth driven initiatives, highlight that. a real focus on and power but in schools, kind is come facebook and others work with them, project rocket in australia come in u.s. we work with a group called think before you type. there's so many groups being started by young people and they think they are in the best position to know what they are experiencing and how they can help one another. the more we in the trunk and wor