Vodafone expects growth
 

Vodafone expects its earnings growth to accelerate this year after a programme to improve its networks boosted European demand and helped the group to return to underlying growth this year for the first time since 2008.

The world’s second-largest mobile phone operator reported full-year revenue of $59 billion, up 2.3 percent on an underlying basis and broadly meeting market forecasts, reflecting a better performance in South Africa, Egypt and Turkey.

It posted earnings before interest, tax, depreciation and amortization of $16.84 billion, slightly below forecasts but up 2.7 percent. Vodafone expected this rate to accelerate to 3-6 percent this year.

http://www.techeye.net/business/vodafone-expects-growth