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Competition in Spain and Italy drags on Vodafone trading
8:57am EST - 01:00
Intense competition in Spain and Italy took the shine off Vodafone's third-quarter revenues, sending the British group's shares lower as its overall growth rate slowed. As Sonia Legg reports, the world's second largest mobile operator behind China Mobile reported a 1.1 percent rise in organic service revenue for the three months ended December 31, down from the 1.7 percent recorded in the first half.
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Intense competition in Spain and Italy took the shine off Vodafone's third-quarter revenues, sending the British group's shares lower as its overall growth rate slowed. As Sonia Legg reports, the world's second largest mobile operator behind China Mobile reported a 1.1 percent rise in organic service revenue for the three months ended December 31, down from the 1.7 percent recorded in the first half.
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Competition in Spain and Italy drags on Vodafone trading
8:57am EST - 01:00
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