Reported about 5 hours ago
Vodafone Group Plc's shares decreased following disappointing fiscal third quarter results, particularly in Germany where organic service revenue fell by 6.4%, worse than analysts' expectations. While Vodafone's overall group revenue grew by 5.2%, the German market remains a challenge due to increased competition and regulatory changes affecting TV customer retention. Despite efforts to improve operations, CEO Margherita Della Valle indicated that a turnaround may take time.
Source: YAHOO