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Vodafone lifts earnings outlook higher as trading improves

2014-11-11 12:01:39| Telecom - Topix.net

Vodafone nudged its forecasts for core earnings higher on Tuesday after reporting a sharp improvement in its main quarterly revenue measurement helped by growing demand for mobile services in its big European markets. The British group reported second-quarter organic service revenue, which strips out items like handset sales and currency movements, down 1.5 percent, compared with the near 4 or 5 percent falls it recorded in the last six quarters.

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