Tuesday, May 16, 2017

Vodafone makes €6bn loss

Vodafone made a loss of €6.1 billion for its FY to the end of March with a €3.7 billion hit from its Indian subsidiary which is in the process of being disposed of via a merger with IdeaCellular. Vodafone’s revenue for the year was €47.6 billion – down 4.4% on 2015. EBITDA was $14.1 billion. ...

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