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Vodafone raises outlook as customers ditch wifi for mobile

Reuters  |  LONDON 

By Paul SandleLONDON (Reuters) - Vodafone, the world's second-largest mobile operator, raised its full-year earnings growth forecast to 10 percent on Tuesday as its customers used more mobile data on their smartphones rather than looking for wifi.Chief Executive Vittorio Colao lifted guidance for the first time in Vodafone's recent history after reporting a 13 percent rise in first-half adjusted core earnings to 7.4 billion euros ($8.7 billion), comfortably ahead of market forecasts.Analysts said Vodafone was benefitting from a combination of investment in its mobile and fixed line networks ...

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First Published: Tue, November 14 2017. 16:29 IST