Nov 14, 2017
Vodafone: been a long time
Belting out the earnings upgrade no one had heard for years ensured Vodafone's Vittorio Colao received a rapturous reception on Tuesday. Vodafone's shares surged over 5 per cent, easily its best day in over two years. A higher target for free cash flow this year excludes Vodafone's new fixed line Gigabit Investment programme in Germany. Vodafone's Indian ebitda margins have increased. Still, for the coming quarter it is worth singing along with Vodafone.
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