UK to cut cell roaming charges
London: Vodafone has announced a cut in global roaming charges for mobile telephones for Europe by as much as 40 per cent. Arun Sarin the CEO of Vodafone has responded to pressure from European regulators to cut costs for global roaming.

Vodafone, the world's biggest operator has promised that the average cost to its customers for calls in Europe would fall from more than 61p a minute to less than 37.7p a minute by next April.

Vodafone's announcement comes six weeks after the European Commission warned that it planned to force mobile phone companies to cancel extra charges for calls abroad. Earlier in March, Reding announced a plan to get rid of the high charges levied by mobile phone companies on using phones abroad. The commission's proposal would see the cost of local and international calls reduced to the same level they would pay at home. This looks like being the principle that will be adopted for mobile phone use in important emerging markets like India.

Vodafone plans reciprocal wholesale pricing agreements with other operators in Europe a move the company believes will lead to lower prices across Europe. It is also proposing to offer rivals an average charge for roaming on its European subsidiary networks of no more than 30.8p a minute, down from an average wholesale rate of 47.9p a minute.
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Dell lowers Q1 revenue
Dell has cut its first quarter revenue forecast due to extensive price cuts. The company said it was making efforts to revive sales.

Dell now expects first quarter revenue to come in at $14.2bn, which is at the lowest possible end of a previous forecast of between $14.2bn and $14.6bn in revenue. Dell had been expected to announce revenue of $14.7bn. This was scaled down after Dell warned that it would report single-digit growth in the coming months.

Dell is dependent on its low-margin PC business and its adherence to Intel-only chips has cut it off from growing x86 server market, based on AMD's Opteron chip.

Dell shares down 6 per cent in the after-hours market as the revenue miss was announced.
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