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Record losses for phone firm.

Publication: Europe Intelligence Wire

Publication Date: 31-MAY-06
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COPYRIGHT 2006 Financial Times Ltd.

(From Newsletter)

VODAFONE embarked on a new strategy yesterday as it sought to draw a line under the acquisition spree that left it with record losses of pounds 14.85 billion.

The world's largest mobile phone company achieved the all-time high for a UK company because it wrote off pounds...

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