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Vodafone lifts profit view as customers ditch wifi for mobile

Reuters  |  LONDON 

By Paul SandleLONDON (Reuters) - Vodafone, the world's second-largest mobile operator, has raised its full-year earnings forecast for the first time in recent history, as customers switch to using more mobile data on their smartphones rather than looking for wifi.The increase came as the company reported a 13 percent rise in first-half adjusted core earnings to 7.4 billion euros ($8.7 billion), comfortably ahead of market forecasts. Vodafone is benefiting from growth in mobile data and higher take-up of its broadband services following heavy investment in both its mobile and fixed-line ...

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First Published: Tue, November 14 2017. 21:39 IST
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