The new Vodafone Mobile Internet Data Pack will cost £7.50 a month and allows users 120MB of data per month the equivalent of viewing 160 web pages.

Customers will be able to view Internet sites on their handsets which are presented in the same format as they are on computers.

Vodafone CEO Nick Read said: Vodafone Mobile Internet will revolutionise the way our customers use the Internet. The service is both easy to use and personalise allowing millions of customers to make the most of their time.

Additional charges are placed on customer bills after late payment bounced direct debits and in some cases termination fees are applied. The review will examine whether the charges are set at a fair price or if they should be enforced at all.

Ofcom Chief Executive Ed Richards said: Consumers of communications services see headline prices fall. But they must not be misled. As they make their choice of provider they need confidence that any additional charges are fair transparent and justified.

Sagem Orga Vice President Julien Zuccarelli said: We are very excited about winning this contract. Its common knowledge that T-Mobile has an especially intensive supplier certification process that is designed to ensure a continuous high level of quality for products and services for their own customers.

Pre-tax profits dropped to £123.1million as Carphone counted the cost of the £80.5million launch of free broadband.

The launch of the service was hampered as the company struggled to meet demand. Customers were forced to wait for months before being connected leading to a consumer backlash.

The group attributed profit losses to increased admin costs incurred by employing additional staff to deal with the customer service issues surrounding the new service.

Carphone chief executive Charles Dunstone said: Distribution profits are up 22% and in the 12 months since we launched our broadband proposition we have become the number three player in the UK broadband market.

The customer service issues which arose from the unprecedented response to our free broadband offer have now substantially been addressed.

Demand continues to be strong and customer confidence in the service is increasing.

This week Iain Graham and the team debate the pros and cons of regulation review the Nokia 8600 and look at software which keeps data safe and easy to access on your mobile.

Graham said: Regulations are the bane of everyones life. We live in a society where we are regulated to the hilt. In this weeks show we take a look at whether regulation is stifling the industry or if it doesnt go far enough.

The only way to find out the answer is by downloading the podcast now!

To listen to the latest edition of the Mobile News podcast click here.

Efficient wants the network to release as much as £38 billion to shareholders.

Vodafone share shave underperformed for the sector and shareholders are getting twitchy about low returns from their Vodafone investment.

Efficient Capital wrote to the company asking for four motions to be put to the annual meeting scheduled for July 24.

`Vodafones share price has underperformed the FTSE 100 over the past five years by 28 percent Glenn Cooper Efficient Capitals chairman said in the statement.

“A major reason for this is Vodafones inefficient capital structure. Our resolutions aim to rectify that recognizing the long term quality of earnings of the company.

The updates will give users new features that include the ability to send faxes and ZIP support.

Microsoft has also announced that a Japanese version of Windows Mobile 6 smartphone software will be released on HTC Sharp and Toshiba devices later this month.

Microsoft General Manager of Mobile Communications Business Tony Mestres said:

We are currently seeing great traction for Windows Mobile in Japan and are working closely with our partners to introduce a wide choice of devices in the market.

ECS wants Vodafones capital structure changed to separate its 45 per cent stake from US network Verizon from its other assets. It also wants a new group holding company to issue Vodafone bonds are paid direct to shareholders.

Vodafone says it has considered the proposals but rejected them. Vodafone stated:

The Board of Vodafone welcomes an active and open dialogue with its shareholders. However having taken advice it believes that implementation of ECSs proposals would not be in the interest of Vodafones shareholders.

The news service called Motocast displays headlines that are continuously updated and customers can view them without pressing a button.

Reuters will provide the content for the news service and Motorola will create their own channel which keeps customers up to date with the latest Motorola news and downloads.

Motorola regional lead for Northern Europe Stephen Nolan said: Customers will be able to realise the full potential of their devices with no complexity; there is nothing to install no feature hidden away no WAP browser to find or numerous pages to click through.

Altimo has stated that its 42.4% in Russian mobile firm Vimpel were purchased in full compliance with SEC regulations.

Altimo Vice President Kirill Babaev said: It is very disappointing that Telenor seems committed to following its strategy of headline grabbing but fruitless lawsuits against Altimo which cost millions of wasted dollars to Telenor shareholders.

Telenors allegations made today is an example of abuse of law confirmed by the fact that despite Telenors knowledge of SECs satisfaction with the process and disclosure of Altimos purchases of VimpelCom shares Telenor nevertheless initiates groundless legal claims.