Competition in Spain and Italy drags on Vodafone trading

ReutersNewsPublished: February 1, 2018
Published: February 1, 2018

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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