Vodafone publishes half-year report

Vodafone has published its half-yearly figures (April - September 2008), which show that Group revenue is up 17.1% to £19.9 billion, data revenue is up 48.6% to £1.4 billion and European revenue is up 14.3%. Profits, however, were down 34% to £2.17 billion. Chief Executive Vittorio Colao says the company plans to improve operational performance through customer value enhancement and by cutting £1 billion of costs. [Press release]