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View Full Version : Vodafone profits up 10%



Ben
17th May 2011, 10:01 AM
As expected, Vodafone have reported significant profits (http://www.bbc.co.uk/news/business-13421609). This, then, is good news for Vodafone, its shareholders, and, assuming it's not all locked away in tax bunkers, George Osborne.

Data-centric offerings apparently increased revenue by 26%. What remains to be seen, however, is whether Vodafone is investing significant amounts of cash in its networks in order to support the surge in data usage.

Vittorio Colao must guard against overselling Vodafone's networks for short-term gains.