British mobile phone giant Vodafone rebounded back into first-half net profit, it said Tuesday, after the previous year's performance was skewed by a vast Indian writedown.
Earnings after taxation hit 1.131 billion euros ($1.318 billion) in the six months to the end of September, it revealed in a results statement.
"We are able to report a strong financial performance, withRead more
British mobile phone giant Vodafone will merge its Indian unit with Idea Cellular to create the country's largest telecoms operator, the firms said Monday, as they combine to fight a price war sparked by the country's richest man.
The confirmation ended months of speculation that the two operators were ready to sign a deal to help fend off the MukeshRead more
Prime Minister Sherif Ismail held a meeting with CEO of Vodafone Group Vittorio Colao on Thursday to discuss the group's expansion plans in the Egyptian market.
The Egyptian state is determined to carry out its strategy on upgrading the communications sector due to its vital role in offering different services to the education, health and other fields, Ismail said.
HeRead more
Egypt's President Abdel Fattah El Sisi met on Wednesday with Vodafone CEO Vittorio Colao in the presence Communication and Information Technology Minister Yasser El Qady, Spokesman for Presidency Alaa Yousef said on Wednesday.
During the gathering, president Sisi hailed the worldwide company's long-standing activities and investments in the telecommunications sector in Egypt, Yousef added.
Also, the Egyptian leader praised theRead more