Vodafone reveals plans for new core network

Company News

Hutchison Telecommunications Limited (ASX:HTA) 50 per cent owned Vodafone Hutchison Australia has revealed plans to build a new core network. 
As part of the company’s multi-billion investment Vodaphone has chosen Ericsson to completely modernise and consolidate its core network. 
The changes are expected to offer greater network agility and flexibility, create cost efficiencies and enable the introduction of new LTE (4G services). 
Vodaphone expects customers will feel the difference through enhanced indoor 4G coverage and voice calls on the same network. 
The company advises the audio quality will be high definition and call connection times will be significantly shorter. 
Vodafone says it is the first operator in Australia to commit to this technology in its core network, meaning it will have one of the most advanced networks in the world. 
Hutchison Telecommunications reported a net loss of $79.5 million in the first half of the 2014 financial year.