Tuesday, 06 December 2016

Vodafone takes another haircut in Europe, expects lower 2015 earnings

By Nick Wood, Total Telecom
Tuesday 20 May 14

CEO Colao upbeat on mobile giant's emerging market performance; hints again at U.K. fixed-line launch.

Europe once again weighed on Vodafone's full-year results, as group revenue declined and earnings were hit by another multi-billion pound writedown. In the year ended 31 March, the U.K.-based operator generated service revenues of £39.5 billion, down 4.3% on an organic basis from the year before, while earnings before interest, tax, depreciation and amortisation (EBITDA) fell 7.4% to &pound…

Europe once again weighed on Vodafone's full-year results, as group revenue declined and earnings were hit by another multi-billion pound writedown. In the year ended 31 March, the U.K.-based operator generated service revenues of £39.5 billion, down 4.3% on an organic basis from the year before, while earnings before interest, tax, depreciation and amortisation (EBITDA) fell 7.4% to &pound…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry