Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Corporate
Vodafone Group contracts OMD with £800 million contract, skips WPP
TT Bureau |  |  31 Aug 2009

The Vodafone Group has contracted Omnicom’s OMD unit to handle its £800 million global media planning and buying account, much to the dismay of WPP, which was touted as the most likely winner of the contract as it takes care of Vodafone's media buying activities in 20 countries.

With this, all of the Newbury-based company’s media planning and buying account across every market, with the exceptions of the US, South Africa and France, will be consolidated at OMD.

Vodafone on Monday confirmed the statement and said it is looking to centralize its media buying activities to increase its clout.

More importantly, the contract represents a crucial change of strategy for Vodafone.

This is the first time that the company has looked to consolidate its media-buying accounts, as it is on the look out for more value for money across its widespread operations.

Previously, the deal had been handled by agencies like Carat, part of the Aegis Group.

    
 mail this article    print this article    Show and Post comment
31 Aug 2009(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more