nick, can you tell us what the situation is for the likes of vodafone india? well, good morning. will at least be reluctantly part of the $7 billion it owes to the government of india. how much we don't know because what vodafone has said in a filing to the stock exchanges on saturday is it will pay a partial due but whether it continues to do business in india will hinge on the decision by the supreme court of india which means it is looking for a pre—on the timeline. the next date for the hearing is the 17th of march so we will have at least one more month of uncertainty to essentially see whether vodafone india can remain in business. a lot of a nalysts remain in business. a lot of analysts and banks have in fact been raising concerns about its ability to continue to do business given that it has posted six consecutive quarters of losses and vodafone, its partner, has said it will not influence any further liquidity into thejoint concern. influence any further liquidity into the joint concern. and just quickly, what does it mean for the wider telecoms sector if it goes out of

vodafone has reported very disappointing latest results.e government to pay $13 billion in overdue taxes. 0ur correspondent joins us from delhi. it seems like all of these telecom giants are really struggling. what are their options? the only option is some sort of hope or relief from the supreme court once again. that matter comes up, and vodafone along with other telephone companies in the past in its petition told the court there needs to be some leniency or relief from the government or a staggered structure system in which the pay—out can happen. if it doesn't happen, and this is something vodafone's she did say on record, they would have no option but to shut shop, affecting over 300 million subscribers and hundreds of thousands ofjobs. what is making matters worse for vodafone india are the repeated losses. they have had over six straight quarters, $900 million, as opposed to last yea r‘s $900 million, as opposed to last year's performance. $900 million, as opposed to last yea r‘s performance. this $900 million, as opposed to last ye

the ceo of vodafone said the situation is very critical for vodafone in india. >> what is next for indiang vodafone and other players are now doing a self-assessment of how much they should pay up towards the government. conducting and saying they will not be able to pay up this much. the department of telecom has orders from the government can they are insisting. they cannot upset the supreme court of india. they are not affordable to lose one or two telecom companies. want you to try to explain something for us. rising sharply, up about 16%. how do we explain that? is already aware of this. i have already calculated for these setbacks. the kind of language used by supreme court's. it is aware of what is going to have been. who have the money but are not willing to invest in india. the group is very keen to invest. they are waiting for plans from the government. the market is awaiting some kind of response from the government. it should be some kind of amendment from the government. that explains the rise may share price for vodafone. thanks so much for joining us. we have plenty more ah

perhaps this is possible, of course, because vodafone is the owner of this network. this situation in the next furture. but, until then, this 5g set up will act as a test lab for companies to create and test their apps, both to improve their railway logistics and what travellers can do on their phones whilst on theirjourney. it looks like 5g is becoming part of the daily commute here in barcelona, but we did hit a little bit of problem. when testing the speed of the 5g network, we hit the data limit, we used about ten gigs in about an hour, so you might want to switch to an unlimited plan! this is a piano and this, quite frankly, is all i know how to do. play these four chords over and over again until you get a massive hit — trust me, it works. but learning an instrument properly takes hard work. it takes skill and it takes a great teacher, none of which i have, but take a look at this. this is ar piano. you point your phone at your keyboard and, hey presto! you get a virtual virtuoso to show you how to tackle complex piano pieces and the interesting thing is you ca

provides sg stations but only vodafone provides 5g coverage in barcelona and they own all the mastsrain network. however, there is no clear date when this will happen. 5g requires more masts than previous network connections so this setup can be quite complex. these are the first steps. very difficult for us to make all the installation at this moment. it is expensive. but we think it is a good investment for the city. if other networks come in and say they want to do 5g down in the rail network, will vodafone share the masts or will they have to install their own? we will provide our own and perhaps it is possible, of course because vodafone is the owner of this network. you have to hope they say yes? we have to be prepared for this situation. but, until then, this 5g set up will act asa until then, this 5g set up will act as a test for companies to create their apathy to improve our way logistics and what they can do on their phones and during the journey —— apps. it looks like 5g will be pa rt —— apps. it looks like 5g will be part of the daily commute on their travels but when w

the revenue increase is much less for vodafone.ting vodafone is still under pressure. have said companies clearly they are not in a position to inject more fresh capital into its indian unit. one of the cofounders of vodafone has said it will have to shut the operation if they are not getting any help from the indian government. vodafone isay is still under pressure and it continues. haslinda: are there any key developments we should be looking for in the coming days? >> today, the supreme court is hearing the modification of tel com operators. another operator is asking for time to pay the past dues they have been asked to pay up, a combined total of 13 million rupees. supreme court will be giving out its order, its observation on the past due fees. this is critical for at least vodafone. haslinda: thank you so much fo that. indian's markets have just opened. what to expect from today's session. equities snapped two days of gains. we recovered yesterday's losses. we had a positive start. gains almost closer to 50 points. we are ba

what vodafone is hoping that they can have delayed payments. it a couple months ago but the challenge is the interest fees. the interest pays 40%. even when interest payments are this high, the company will continue to struggle to make it. it needs more than delayed payments. it needs some other intervention. to -- idea hasas to sustain in the market. >> do you think the government has to do something in terms of taking a closer look at the spectrum fees that are pretty steep? it is sad. ago coveringrs telecom. no telecoms company ever goes to bankruptcy. career 23 years ago covering telecoms companies. no telecoms company ever goes to bankruptcy. clearly the government needs to intervene varies wrongly -- very strongly. put more pressure on the government to go and recover these moneys from vodafone idea and the other companies out there. it is a political decision. the government needs to be strong enough to take that bold position and potentially, it has on other political equations in the country. >> you mentioned earlier the liabilities th

what does this mean for vodafone? idea,er: for vodafone they have few options left.ruptcy after the supreme court turned down the modification plea. instead of fighting for a bankruptcy, they have opted to pay 25 million rupees. they will pay another 10 billion rupees by the end of this week. this would mean they are hopeful they are going to come to some kind of a solution. i the rise, they would have opted for the -- otherwise, they would have opted for the bankruptcy. the shares went up. we will have to wait and watch what next vodafone will pay in full and what will be the outcome on the 17th of march, which is the deadline. what is next in the them?e between reporter: it is a very interesting state because telcos are estimating the amount -- the department of telecom is saying they will have to pay and they can't. that's why the case goes to the supreme court. the supreme court says they have companies the full -- are sticking to their estimates and it will be crucial to see how the hearing goes on for the the mucharch and awaited 5g option. haslinda: a developi

antennae are roughly 500 metres apart with 15 currently installed between four stations, but only vodafonena, and they own all the masts on the train line but the plan is to this for the entire train network. however, there is no clear date when this will happen. 56 requires more masts than previous network connections, so this setup can be quite complex. these are the first steps. it's very difficult for us to make all the installation at this moment. it's expensive. but we think it is a good investment for the city. but, until then, this sg setup will act as a test lab for companies to create and test their apps, both to improve their railway logistics and what travellers can do on their phones whilst on theirjourney. so it looks like 56 is becoming part of the daily commute here in barcelona, but we did hit a little bit of problem. when testing the speed of the sg network, we hit the data limit, we used about iogb in about an hour, so you might want to switch to an unlimited plan! this little keyboard wants to teach you how to read music. so many people come up to me and say, "i really

you had the likes of bt, facebook, nokia, sony and vodafone, all high profile exhibitors who have pullede event. michelle fleu ry pulled out of the event. michelle fleury has more from new york. just to give people some context, mobile world congress is one of the most attended global technology conferences, and it has been largely cancelled. big names pulled out like samsung networks, cisco systems, ericsson, nokia, the only vendor is that were huawei and zte in a scaled back presents. this event typically ta kes pla ce back presents. this event typically takes place at the end of february in barcelona, spain. usually it a tt ra cts in barcelona, spain. usually it attracts something like 109,000 attendees, it is sort of a chance of these companies do lay out their store for the year. the big product launches and set the tone for the year. now that is going to have to be delayed because of concerns about the coronavirus. that is michelle fleury. the chinese grand prix is another event due to take place in shanghai in april but that has been postponed. formula 1 tells us the decision has

for vodafone—idea, the order comes during an especially difficult period.ced a sixth—straight quarterly loss. now, have you ever had a situation at work where someone much younger than you has been put in charge of you? it's the kind of situation that is becoming more common as young people with the latest social media skills are brought into the workplace. as part of crossing divides, a bbc season about bringing people together in a fragmented world, dougal shaw went to visit a company in bournemouth in the south of england, where two people have worked through their differences. how would you feel if your boss was much younger than you? he is younger than my younger son. i was working before he was born! i think it is important for me to recognise that i am a young person in a senior role. however, i think it is important not to go around with a big ego. keeping a watchful eye over the office. this is the operations manager. he is 20 and newly promoted, fresh from his a—levels and apprenticeships. he chairs meetings and is the first point of co nta ct mee

bt, facebook, lg, nokia, sony and vodafone were among the high—profile exhibitors to have pulled out, more than 100,000 people usually attend, about 6,000 of whom travel from china. food giant unilever has vowed to stop marketing its products to children by the end of this year in order to tackle rising obesity rates. the firm, which owns wall's ice cream, says it will limit the use of cartoon characters in its advertising and stop using social media stars or celebrities who primarily appeal to children under 12. tesla is recalling 15,000 of its model x suvs in the us and canada because of a potential issue with corroding bolts that can lead to a loss of power steering. the recall affects most model xs built before mid—october 2016, but not cars built after that date. us regulators say there have been no crashes or injuries. that's it for the business briefing this hour. a british—asian singer who has had millions of views on youtube is warning young people about heart attacks. arjun‘s wife died suddenly and unexpectedly six months into their marriage. he is now organising a concert t

only vodafone provides 56 coverage in barcelona and they own all the masts on the train line. there is no clear date when this will happen. 56 requires more masts than previous network connections, so the setup can be quite complex will stop this is the final step, this is very difficult for us to make all the installations at this moment. we think it is a good investment for the city. untilthen, this think it is a good investment for the city. until then, this 56 setup will act as a test lab for companies to create and test their apps, both to create and test their apps, both to improve the railway logistics and what travellers can do on their phones while on the journey. so it looks like 5g is becoming part of the daily commute here in barcelona, but we did hit a bit of a problem. when testing the speeds of the 5g network, we hit the data limit. we used about ten gigs in about an hour, so probably going to want to switch to an unlimited plan. this little keyboard wants to teach you how to read music. so many people come up to me and say, oh, i really wish i had learned to le

style according to high view its services are already being used by big employers like unilever vodafone and dunkin donuts. this is something that's increasingly used in the real world the slower the share range of things we can i do and the ways that we can use data to affect people's lives so for example machine learning systems are used to. recommend adverts and shop ensnares but they're also used to assess people for jail sentences and so if those algorithms have got problems whether they be technical inaccuracy is or biassed with an algorithm we need to start trust and i try to choose ryan kelly is a researcher on computing and information systems at the university of melbourne he's been involved in an elaborate biometric experiment to raise awareness about the potentials and limitations of biometric analysis it's called biometric mera and i gave it a go using nothing but an image of my face the system produces a detailed report and its assessment of my age race level of attractiveness and even aspects of my personality ranging from happiness and witness to aggressiveness and respon

the decision comes after high—profile companies, including nokia, lg, and vodafone pulled out of the new york, a robot has been providing information to curious passers—by about the virus. us and german intelligence services were outed for spying on governments through the control of a swiss encryption firm. from the cold war era up to the 20005, crypto ag supplied encoding devices which harvested secrets from countries including iran, india and pakistan. the first human clinical controls of a blood—drawing robot have started this week. researchers at rutgers university found that it performed as well or better than human clinicians. and, finally, some people are heavy—handed, i know i am, but now there's a robotic hand they can do the heavy lifting as well as have a delicate touch. it is capable of handling various objects and tools, like an egg, and playing the piano. it is expected these hands will be used in industrial sites, as well as everyday life. this week saw samsung's unpacked event. yes, it's a phone launch time again. here i have the samsung galaxy z flip. now, whether y

network allowing others to roam on its network protocol which is majority owned by britain's vodafone says it will manage the 5 g. networks on behalf of liquid but did not say exactly when or where that 5 g. service would be available. and going back to that issue with the f.c.c. and specifically while wayne's e.t.e. it's very political move again as we've talked about because there's no real evidence that these carriers wall ways of phone companies e.t.f. the phone company have any kind of back doors actually built into their services but what it does do is it denies both while wayne's e.t.e. access to that $8500000000.00 fund which telecom companies rely on heavily in order to essentially subsidize in rural communities yet actually hinders the competitiveness of the market and always now arguing that this entire move is actually unconstitutional so we'll see how we end up there time now for our quick pause but stay there because just on the other side of the break let me get to the park has in fact the best since 1013 what's causing the electric car maker stuff to go so high and so

in 2 weeks' time but major firms like facebook amazon and sony have withdrawn from the event with vodafone a nokia also joining the boycotts in the past 24 hours because participants often spend tens of millions of dollars to exhibit at the show. and then a cruise ship that was turned away by 5 territories of the fears of the new coronaviruses docked in cambodia westerdam is carrying more than 2000 passengers japan taiwan the philippines and thailand all refused entry to the ship despite there being no confirmed cases on board in japan though another $39.00 people on a quarantined a cruise ship have contracted the virus bringing the total to $175.00 it's become host to the highest concentration of cases outside of mainland china where the virus was 1st detected. now our other top story this hour the upper house of parliament has cleared the way for a controversial far right politician to go on trial but to sell the uni can now be prosecuted for kidnapping after the senate lifted the immunity he enjoyed as a former interior minister a conviction over his decision to keep more than 100 migra

much, but00 up not as we did see imperial brands and vodafone acting as a drag.e some of the mining stocks and the oil stocks like bp trading strongly. we will carry on the conversation and bring you more what is happening in the markets at the top of the hour on bloomberg radio, dab digital radio in the london area. jonathan ferro is a new york, i will be joining him in london for the cable show. this is bloomberg. ♪ vonnie: live from new york, i am vonnie quinn. guy: from london, i am guy johnson. let's get to our stock of the hour. here is viviana hurtado. viviana: our stock of the hour is chipotle. beating estimates. key comparable sales accelerating. for eight consecutive quarters. let's take a look at some of the headwinds. that includes menu changes on a premium beef product. that is not being digested well by investors. they do not want to see the extra profits go. you can see that right now it is touching the red, down 2.5%. let's take a closer look at those fourth quarter blowout numbers. a big beat on adjusted earnings per share. ,e want to focus on re

are partnering with other companies around the world including motorola and deutsche telekom and vodafoneies are really relying on china because another alternative doesn't exist. i think it's a dual track for the united states, really it's first to highlight the threat from china to use this for their own nefarious reasons, big brother overlooking all of our data, but secondly to offer up an alternative. and attorney general barr has said we need to do that, we need to have some sort of a better alternative for next generation 5g. arthel: how how did we get behind the curve on that? >> there's certainly a few options, one might be for the united states government to work with some of the telecom providers, potentially enabling or supporting -- arthel: excuse me, dan. how did we get so behind? >> oh, behind, i'm sorry. arthel: no, that's my fault. >> no, no, that's the challenge. we're playing catch-up, and it's something that, you know, i think that we failed to recognize years ago was going to be out there on the horizon. it's an ongoing challenge for us of keeping up and outpacing our

we have got numbers from vodafone.3 organic sales revenue has beaten estimates. .07%, so it iss towards the range of estimates -- upper end of the range of estimates. huawei's position will be interesting. they are reiterating previous guidance. the focus on these numbers is on italy about turkey, africa, and huawei. , interesting to see what they are saying about their profitability. they are delivering a net profit of 15.1 danish krone. net income is at 8 billion compared to an estimate of 10 billion previously. so will that be seen as a bit of a pull downwards? we will see how the market chooses to focus on the data and guidance. let's turn to the gmm. it will give us a good, global picture. the singapore market is moving higher. the asian equity session is looking positive. two days in a row, we have seen gains as investors try to work out whether we are going to see ,imited damage to the economy whether some of that reduced demand might just be delayed. interesting to see moves in fx markets. currencies,e asian th

barcelona in 2 weeks' time but major firms like facebook amazon and sony withdrew from the event vodafone nakia joining the boycott in the past 24 hours biggest participants often spend tens of millions of dollars to exhibit at that show well this comes as the world health organization has a number of new knee confirmed cases of the virus from china has stabilized but this should be still interpreted with extreme caution the director general ted ross gabrielle sauce says the outbreak is still lolla tile and he's called for united efforts to contain it spread. there are $44732.00 cases of course china. one close in $114.00. outside china there are 441 cases from countries and one that. the number of newly confirmed cases reported to true china hardest to be largest over the past week. that is to me that much to be interpreted with extreme caution this outbreak could still go in any direction or china's government has announced a series of measures to restart economic production while fighting the outbreak at the same time but formula one is confirm the chinese grand prix in shanghai origin

and it's a microfinancial service launched in 2007 by vodafone, largest network in tanzania, by 2012 it had 17 million accounts. service has been credited with giving millions of people access to the formal financial system and for reducing crime in otherwise largely based-- cash-based society. again, i think we have to take a deeper look at this and learn more about these innovations. it's not black and white. and the real interesting developments come when you start to get into the details and differences in the technology. so, i'd appreciate it, as we talk about mobile payments and move forward, we could be more inclusive instead of fearing what we don't know enough about. >> the chairman yields and recognizes the gentleman from georgia for five minutes. >> thank you very much, chairman. ladies and gentlemen, first let me say that each of your testimonies were very, very informative and opened our eyes, i'm sure to much of what we were only dimly aware. however, this whole issue is sort of bringing us into the new frontier for our entire financial services industry. it's very impo

vodafone will do 17, 18 pounds a month average revenue.oking at aoser to 50 box, -- bucks, large discrepancy. by some counts you have 180 carriers between the 27 countries in the region in the u.k. invest withrs can less certainty where they don't in the u.s. francine: our way over telecom? who will have to give up -- are we over telecom? who will have to give up their national jewel? has beentsche telekom trying at various junctures to move to these cross-border deals. we are still the biggest investor in british telecom. there have been times with telefonica and orange and they have a purchasing agreement with orange so they do everything with their network. it is a decision that has to be taken at the european level, will there be change in the antitrust law to allow this? the huawei situation, carriers need to keep their costs down to cope with this lower -- if they see that effect happening on these countries, they might allow that. francine: despite president andp telling boris johnson they.k. not to use huawei, cannot build without

but only vodafone provides 5g coverage in barcelona, and they own all the masts on the train line.connections, so this setup can be quite complex. these are the first steps. it's very difficult for us to make all the installation at this moment. it's expensive. but we think it is a good investment for the city. but, until then, this 5g setup will act as a test lab for companies to create and test their apps — both to improve their railway logistics and what travellers can do on their phones whilst on theirjourney. so it looks like 5g is becoming part of the daily commute here in barcelona, but we did hit a little bit of problem. when testing the speeds of the 5g network, we hit the data limit, we used about 10gb in about an hour, so you might want to switch to an unlimited plan! this little keyboard wants to teach you how to read music. so many people come up to me and say, "i really wish i had learned to play an instrument but it's too late for me now," and i really don't think that's the case. certainly, with some technology, it could be easier than you think to play your favouri