Breaking News, World News and Taiwan News.

Vodafone endures write-down, cuts sales goal amid weak Europe markets

LONDON -- Vodafone cut its medium-term sales target and took a write-down of 4 billion pounds on Tuesday as cash-strapped customers in southern Europe made fewer calls and regulators upped the pressure on the world's largest mobile operator.

Vodafone posted full-year results in line with forecasts and stood out from its peers by promising another strong dividend as strength in emerging markets and Germany, Britain and Turkey offset a slump in spending in Spain and Italy.

 

 

 

 

 

 

 

 

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search