The 1984 media release also stated that “initially, the new service is likely to find wide use among people constantly on the move such as business executives, sales representatives, journalists, doctors and veterinary surgeons. Strong demand is expected from nationwide fleet operators typically those involved in construction, distribution, service, motoring and the public utilities.”
The Vodafone name was inspired by the words ‘voice’, ‘data’ and ‘phone’ and was conceived of by one of the company’s original directors and the advertising agency Saatchi & Saatchi. Saatchi & Saatchi’s proposal to spell ‘phone’ as ‘fone’ caused the name to be initially rejected by the then CEO Sir Gerry Whent but he relented in the end, reputedly saying “in for a penny, in for a pound – you can have your flipping ‘f’ as well.” He later came to regard the name as a masterstroke.
Today, Vodafone is the UK’s most valuable brand and the 16th most valuable brand in the world (Source: 2014 Brand Finance Global 500).