Reality gives Vodafone a massive €6.1 billion slap
Vodafone has reported its results for the year and it’s not a pretty sight; the UK and India weighed down the group as losses total €6.1 billion.
After 12 months of tough times in the UK and a Jio shaped headache in India, we were all expected less than positive results for the group, but the reality is perhaps worse than expected. Revenue decreased 4.4% to €47.6 billion, which the team has partly blamed on movement in the FOREX markets, but that is a lot of moving and shaking. A
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