LONDON -- British telecoms giant Vodafone announced Tuesday that it recorded a vast annual net loss of 7.6 billion euros ($8.5 billion), hit partly by the sale of its Indian assets. The loss after tax in the 2018/2019 financial year to the end of March contrasted with profit of just under 2.8 billion euros last time around, Vodafone said in a results statement. READ: Vodafone sells New Zealand arm for $2.2 billion Europe's biggest mobile phone company also slashed its shareholder dividend to lower debt, simplify activities and increase investment as part of its ongoing transformation strategy. "The loss for the financial year of 7.6 billion...
Keep on reading: Vodafone slashes dividend after vast annual loss
from INQUIRER.net http://bit.ly/2Yr0stG
add
Subscribe to:
Post Comments (Atom)
Motorcyclist dead in Lucena collision
LUCENA CITY ---- A motorcyclist running against a one-way street died after he collided with another motorcycle in Lucena City early Friday....
-
SORSOGON City - Senator Francis "Chiz" Escudero is now the newly elected governor in Sorsogon province with a landslide victory of...
-
MANILA, Philippines - One hundred eighty-nine mayors and governors nationwide were stripped of their supervisory powers over the local polic...
-
Hello, fellow women. A few days ago, I was going through one of the worst PMS episodes. I got very emotional, cranky, and down. I was feelin...
No comments:
Post a Comment