Posted AT 6:46 AM EST on 22/07/08
Vodafone sounds warning over revenue
LONDON — — Vodafone Group Plc said Tuesday this year's profits will be around the bottom end of its forecast range because of weaker-than-expected equipment revenue and tough economic conditions.
Shares in the wireless services provider tumbled more than 12 per cent to 131.25 pence ($2.62 U.S,) on the London Stock Exchange after the trading update was posted.
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