7 Aug, 2014 @ 13:00
1 min read

Vodafone sees massive revenue dip

vodafone

WEAKNESS in the economies of Spain and South Africa is being blamed for a big quarterly drop in Vodafone revenue.

The world’s second-biggest mobile phone operator has reported that the two countries offset a stable market elsewhere in Europe, leading to a 4.2% fall in revenue.

Vodafone is currently stepping up spending to create a new, faster 4G network due to an increased demand for data.

wine winners
Previous Story

2014 wine winners spring a surprise

p el guapo
Next Story

PSOE leader Pedro Sanchez promises recovery

Latest from Business & Finance

Go toTop

More From The Olive Press