Vodafone revenue declines smaller than predicted in Q4

Source: Bloomberg
Vodafone Group Plc, the largest telecommunications company in the U.K., announced a 4.8% decrease in revenue for the Q4 to 9.8 billion pounds, while analysts predicted the indicator to decline 4.9%. More negative results in Europe were balanced by growth in Africa and Asia. Today, Vodafone Group Plc shares are rising 2.7% to 221.75 pence per share by 11:30 GMT in London.

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