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Samsung said the center brings together a team incorporating product innovation, product planning, software and design which will influence the company’s range of products and services for consumers and businesses across Europe.

The center will identify innovation projects to match the needs of consumers. The manufacturer said the increasing investment in research and development is part of its global strategy, with around $10.8 billion invested in this area last year.

Vodafone has sold its 45 per cent stake in Verizon Wireless to its parent Verizon Communications for $130 billion (£84 billion).

Shareholders in Vodafone will have $84 billion worth in shares returned to them, while the operator has also said it will invest £6 billion over three financial years in its network and services.

‘Project Spring’ will focus on accelerating Vodafone’s 4G network rollout, so that it covers 90 per cent of its five main European markets by 2017. It will also invest in deeper 3G coverage and capacity in “mature markets”.

A portion of the £6 billion will also be spent on unified communications, with Vodafone extending its fiber rollout and enterprise service portfolio (which includes cloud and machine to machine services).

O2 has made an announcement that its 4G network will start to operate on August 29^th2013. The network will cover London, Bradford and will reach out to almost five million people.

10 other cities like Edinburgh, Glasgow, Liverpool, Nottingham, Lesiecter, Convetry Sheffield, Manchester, New Castle and Birmingham will be covered by the end of the year, the report says.

By the end of 2015, the company is planning to make this 4G network available to more people, almost two million people per month. And 98% of the UK population will come under the network.

O2 is launching a plan that charges 26 pounds a month initially. One can avail SIM and the name of the plan is O2 refresh. Prepay facility will be available in the months ahead.