BGN Entrepreneur

The UK mobile group–Vodafone just reported a fall of 3% in pre-tax profit at its interim results for 2011-12, as it took a £450m writedown on its Greek mobile phone business. This results highlighted how some of Vodafone’s mobile businesses in the EU are under pressure amid the weak economic environment stemming from the EU [...]

The world’s biggest mobile operator–Vodafone has been forced to take a full-year impairment charge of more than £6bn due to squeezed consumer spending, increased competition as well as deeper discounts. Almost half of the problem listed above came from the telecommunications group’s troubled Spanish division.
Vodafone announced that the economic woes afflicting several southern European countries [...]

Vodafone is to pay $5bn to buy the Essa conglomerate out of the UK mobile phone group’s Indian business.
According to Vodafone, it is said that put and call options were being exercised, under which Essar would sell its 33% stake in Vodafone Essar, the UK group’s Indian business, for $5bn cash. The deal would bring [...]

For Vodafone, which is has 79.000 employees and serves over 333m customers throughout the world, there is a rising trend in Europe and bounce-back from the riots in Turkey, driven higher on a cloudy day for the Footsie.
The cell phone giant opened the third quarter forecasts. Some 2.6 billion GBP was the stock market value [...]