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* Vodafone writes off £5.9bn

PaulK

Robbing Bastards 

Flame

Vodafone's own network in Turkey - me a Vodafone UK customer, with Passport no less.

£1.89 to call home. £1.29 to receive a call. And they're making a loss there?! And don't get me started on data roaming...

techguy110323

Holy crap. 

"Net debt is up to £34bn, mainly because of currency movements."

That's scary.

Don't even have anything to show for their debts.

TeeCee

Problems in Spain? 

I don't suppose that would be anything to do with trying to take on O2^H^HTelefonica with their fullyindependantandnotsubsidisedbythegovernmentwitheuropeanmoneyatallthatwouldbeillegal backing?

DarkHorseDre

Currency kills! 

Paris Hilton

Every company has experienced loss where they rely/trade in specific currencies which are currently mostly weak.. that figure will move along the stated scale as currency values shift - likely to be in vodafones favour sometime soon so I know they're not bothered!

@ PaulK - yeah voda are a multi-national for a reason - they are raking it in! (My Orange cant offer me anything when I travel!)

Interestingly though, voda reckon they are scrapping roaming charges this year (to certain destinations!) - if they include enough euro countries, it will be *interesting*!

ps - didnt voda charge a minimum 75p for each call under an hour on passport? I called my mate simon and hung up 5 times within 30 seconds = ££££ lol!

Paris Hilton doesnt understand the losses at Voda either

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