Arab Today, arab today vodafone annual profit hits £59bn after verizon wireless sale
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

Vodafone annual profit hits £59bn after Verizon Wireless sale

Arab Today, arab today

Arab Today, arab today Vodafone annual profit hits £59bn after Verizon Wireless sale

London - AFP

Vodafone's annual net profit rocketed to £59.25 billion, boosted by the enormous sale of its stake in US joint-venture Verizon Wireless, the British mobile phone giant said on Tuesday. The company's 2013/2014 profit after taxation, equivalent to $100 billion or 73 billion euros, compared with slender net profit of just £413 million in the previous 2012/2013 financial year, Vodafone said in a results statement.

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