Please Log In or Register - it's FREE!

 
 Reply to this topicStart new topic
 Vodafone posts full-year loss of $40.7B
sporkguy
post Jun 1 2006, 18:00
Post #1


iSpork
Group Icon

Group: MoDaCo Plus
Posts: 537
Joined: 15th February 2005
From: Lichfield
Member No.: 110,894

Device(s): iPhone 3GS
Twitter: @nickbrickett
QUOTE
LONDON - Vodafone Group PLC on Tuesday reported a full-year net loss of 21.9 billion pounds ($40.7 billion), but its stock closed unchanged the mobile-phone carrier announced it would return an additional 3 billion pounds ($5.6 billion) to shareholders.

The loss for the fiscal year ending March 31 reflected a 23.5 billion pound ($43.7 billion) charge for the continuing writedown of assets bought during a spree of acquisitions in 1999-2000. It compares with a profit of 6.4 billion pounds attributable to equity shareholders in the previous year.

Earnings per share before exceptional items rose 13 percent to 10.11 pence (19 U.S. cents) in the latest quarter, broadly in line with analysts' expectations.


More...


--------------------
Go to the top of the page
 
+Quote Post
Dr Who
post Jun 1 2006, 18:54
Post #2


Timelord
Group Icon

Group: Posters
Posts: 1,677
Joined: 6th September 2003
From: Gallifrey
Member No.: 15,319
Corporate profligacy - shocking isn't it.

I just can't believe that 'trained professionals' could have thought that the businesses at the end of the 90's were really worth that much. One would think that Joe Public might be fooled by a stock market bubble but these people are meant to be experts. WTF is 'sentiment' in the market - thats akin to saying, "I've just had a red hot tip from a jockey"..........absolutely beggars belief.

And I know that this money never actually existed in any real sense but I would imagine ?20 Billion is probably the GDP of, what, the bottom 100 countries in the world.

Ever get the feeling you've been conned..........
Go to the top of the page
 
+Quote Post
sporkguy
post Jun 1 2006, 19:21
Post #3


iSpork
Group Icon

Group: MoDaCo Plus
Posts: 537
Joined: 15th February 2005
From: Lichfield
Member No.: 110,894

Device(s): iPhone 3GS
Twitter: @nickbrickett
Its a sad truth.
Up here in the midlands, Voda shops are always empty when you walk past them, and they seem to overspend in advertising in the area despite the fact nobody buys!
Go to the top of the page
 
+Quote Post
« Next Oldest · Vodafone · Next Newest »
 

Reply to this topicStart new topic

Collapse

Similar Topics

  Topic Replies Topic Starter Views Last Action
No New Posts The final version of the Resco Explorer 2010 is released
 0 resco 267 26th January 2010 - 18:27
Last post by: resco
No New Posts 1and1 Exchange cant connect via Vodafone
Works by WiFi but not 2G or 3G
 5 chucky.egg 577 11th February 2010 - 10:58
Last post by: chucky.egg
No new T-Mobile's New Tariffs & Price "Refresh" Part 2 - Full Details!
 31 tsutton 9,462 25th February 2010 - 20:19
Last post by: mcwarre
No New Posts Vodafone launch 'world's cheapest phone'
 0 tsutton 865 17th February 2010 - 17:37
Last post by: tsutton
No New Posts Buy Apple iPhone 3GS 32GB $190,Apple iPad $250,Motorola QUENCH $220.
 0 DFFGGF 136 13th March 2010 - 19:36
Last post by: DFFGGF
No New Posts Buy BlackBerry Storm2 9550 $200,HTC HD mini $240,Nokia C5 $210
 0 DFFGGF 191 13th March 2010 - 19:38
Last post by: DFFGGF

2 User(s) are reading this topic (2 Guests and 0 Anonymous Users)
0 Members:

 
Display Mode: Standard · Switch to: Linear+ · Switch to: Outline

Track this topic · Email this topic · Print this topic · Subscribe to this forum

RSS hit counter Lo-Fi Version Time is now: 18th March 2010 - 02:38

Please visit our 'Plus Partners' - these companies support MoDaCo through 'MoDaCo Plus' - Click Here for more details!

ActiveKitten | Binaryfish | Conduits | DeveloperOne | eSoft Interactive | FTouchSL | Inesoft | LastPass

Lingvosoft | monocube | OmegaOne | Omnisoft | Opera Software | Resco | SBSH | Splashdata

Sprite Software | Syncdata | Teksoft | Titanium Backup | VITO | WalkingHotSpot | WebIS | z4soft

Would your company like to become a 'Plus Partner'? Click Here to contact us!


MoDaCo and Mobiholics are part of the MoDaCo.network, © Paul O'Brien 2002-2009. MoDaCo is managed by Upsolv, LLC.

Our Friends - Unboxings.com - Tierful Occasions - Windows Phone Thoughts - CoolSmartphone - IMEI-check - FreewarePocketPC - MSMobiles - DSL Developments - Brodit Specialists - PDAhut. MoDaCo uses Kontera technology.