A worse than expected 2.6% drop in organic service revenue in the three months to December 31 marked an acceleration from the 1.4% fall recorded in the second quarter and showed the intense pressure on the world's second-largest mobile operator.
Trading at Vodafone worsened in the third quarter as customers in previously robust northern Europe joined those in the south by cutting phone usage, adding impetus to cost-cutting efforts.
A worse than expected 2.6% drop in organic service revenue in the three months to December 31 marked an acceleration from the 1.4% fall recorded in the second quarter and showed the intense pressure on the world's second-largest mobile operator.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.