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Vodafone logs 69.4 percent profit fall on high sales, customer retention costs.
Publication: Japan Times (Tokyo, Japan) Publication Date: 31-MAY-06 |
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COPYRIGHT 2006 Japan Times
Byline: Kanako Takahara
May 31--Vodafone K.K., which was purchased in April by Internet investor Softbank Corp., said Tuesday its net profit fell by 69.4 percent to 49.5 billion yen on sales of 1.47 trillion yen in fiscal 2005 due to higher sales promotion costs associated with attracting subscribers to its 3G phone service.
Vodafone, the country's third-largest mobile...
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