Wednesday, 20 September 2017

Vodafone full year loss widens on €3.7bn India writedown

By Nick Wood, Total Telecom
Tuesday 16 May 17

Despite fall in revenue, shares rise on U.K.-based telco's bullish guidance.

Vodafone on Tuesday reported a wider full year loss due to a €3.7 billion writedown of its Indian business, but shares rose driven by its upbeat guidance. The U.K.-based telco's loss for the year came in at €6.08 billion, compared to &euro…

Vodafone on Tuesday reported a wider full year loss due to a €3.7 billion writedown of its Indian business, but shares rose driven by its upbeat guidance. The U.K.-based telco's loss for the year came in at €6.08 billion, compared to &euro…

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