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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vodafone Group PLC | NASDAQ:VOD | NASDAQ | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.13 | 1.52% | 8.66 | 8.61 | 8.69 | 8.64 | 8.54 | 8.61 | 3,055,558 | 01:00:00 |
From May 2019 to May 2024
By Stu Woo
LONDON--Vodafone Group PLC (VOD) said Thursday that third-quarter revenue dropped 3.9% to 13.7 billion euros ($14.78 billion) from the same period a year earlier, but that its organic revenue, which excludes the effects of foreign exchange, from selling telecommunications services grew 1.7%.
The British telecommunications giant said that organic revenue growth in India dropped 1.9% because of competition from new mobile operator Reliance Jio Infocomm Ltd., which has been offering free data services as a promotion. Vodafone on Thursday didn't reveal any more information about its discussions, which it announced Monday, to merge its India unit with rival Idea Cellular Ltd.
Vodafone confirmed its outlook for the year, saying it expected to meet the lower end of its growth forecast for earnings before interest, taxes, depreciation and amortization of 3% to 6%.
-Write to Stu Woo at stu.woo@wsj.com
(END) Dow Jones Newswires
February 02, 2017 02:53 ET (07:53 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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