Vodafone’s dividend is safe for now
Vodafone’s (VOD) has told the Financial Times that it expects a pick up in performance in the UK business after many years of declines. Recently, its local mobile phone division has struggled amid changes to data roaming laws and after receiving backlash for poor service. Chief executive Nick Read said he expected underlying Ebitda growth to accelerate in the UK as more cost savings came through thanks to “radical simplification”, while…
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