Vodafone hit by eurozone crisis

Press Association
Vodafone
Vodafone

Mobile phone giant Vodafone has slumped to a half-year loss as it counted the cost of economic woes in Italy and Spain.


As well as writing down the value of its operations in the two struggling countries by nearly £6 billion, Vodafone was impacted by the competitive UK market as rivals fight for business with new unlimited tariffs.
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