Vodafone Bucks the Blue-Chip Blues
Thursday, February 4, 2010 7:46
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 added Vodafone shares rose 4.95p to 139.45p. The buoyant mood was in contrast to the blue-chip index fell 113 points to 5139th. The company makes around 7% of the index that would not have continued to fall, which was for the mobile resuscitation. The global revenues from mobile voice, data and message services rose by 11% to EUR 10.7 billion for the quarter to December; while the European sales were up by 3.2%.
The good news is that it dropped an improvement over the previous quarter, in Europe, at 4.6%. In addition, in the troublesome Turkey market, revenues have increased to 12.9%.
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