It has been revealed according to recent reports that the shares in the Mobile operating firm Vodafone have rallied in the recent times. This has come as a reaction of the announcement it made according to the joint venture with Verizon Wireless that they would pay the first dividend. With the debt ceiling raising in US it was becoming exceedingly difficult for many firms to keep up with the competency of the market.

According to reports, for the second quarter, Vodafone, a telecom operator has experienced a 3.5% increase in revenues to $18.8 billion, though the company does not release its quarterly profit figures.

Also, India and Turkey is said to be at +16,8% and +13.1% respectively, along with Vodacom at +7.8%, which represented a major service revenue growth , while at +0.2% Germany and UK at +1.7% added to Vodafone’s strong performance.

Vodafone Group Plc (VOD) is the world’s largest mobile phone company. And, its service revenue growth for the fiscal first quarter has also proved the same. The rise in sales was due to increases in sales of its phones, which could surf the web.

Due to the increase in the usage of smart-phones, data revenue has grown by 25%. It is expected that Vodafone in Newbury, England has sought to drive the data sales from other smart phone makers. The stock of it has risen by 2% amounting to 165.50 pence in the London trading.

Spain is now all set to start the wireless-spectrum auction today that aims at raising 2 billion Euros so that the government can further cope up with euro area’s largest budget deficit which Spain is confronting by now, which has apparently spurred the government to cut spending. It is for the first time that the Spain is going to begin with such an auction of mobile telecom licenses that will consider internet contest and possibly will generate more than 1.45 billion Euros to deal with largest budget deficit.

Leading mobile operator Vodafone has detected that malevolent program found on many HTC Magic phones it distributed came from the memory cards, which were shipped in approximately 3,000 HTC and other cellular phones.

As per the Spanish language blog Movil Zona, the company has announced that it was shortly shipping new memory cards to people who bought phones using those cards.

After malware related to the Mariposa botnet was found on a second HTC Magic phone from Vodafone this week.

A new system is under Vodafone’s experiments, which will enable the business customers to get access to the network during peak times after paying a premium of € 49 per month.

Various data services like e-mails, video calling and teleconferencing made business to rely upon the mobile phones, but due to an increase in the number of smart phone users, the access to videos and other bandwidth heavy applications also increased, which in turn affected the businesses as they can’t access the important application easily now.