India again weighs on Vodafone's financials

Vodafone on Thursday reported slower year-on-year growth in group service revenue for its fiscal third quarter ended 31 December, as fierce competition and demonetisation in India took its toll.The U.K.-based telco group said it expects to meet the lower end of its full-year EBITDA guidance range.India is "affected by free services from the new entrant," said Vodafone CEO Vittorio Colao…read more on TotalTele.com »