Vodafone could be next to announce cost cutting measures

Vodafone is one of the biggest mobile service providers in the world. The company however is failing to avoid becoming a victim of the current economic crisis.
The company has posted its latest revenue report and their profits are down 35%.
Vodafone also booked a hefty loss on the [...]

Vodafone massively cut its revenue outlook
Mobile service provider Vodafone has now massively cut their revenue outlook.
The company said that customers are likely to avoid going for new mobile devices due to tougher economic conditions.
The situation is especially grim in Spain and the report result in company’s stock going down to a 20 month low.
Market analyst [...]

Arun Sarin stepping down as the CEO of Vodafone

Vodafone CEO Arun Sarin has announced that he would step down from his position in the company this coming July.
He would hand over the charge to Vittorio Colao.
Sarin spoke about his decision to step down: “I have achieved what I set out to achieve. It’s been [...]