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Vodafone overvalued by as much as $49 billion

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Vodafone overvalued by as much as $49 billion

por atomez » 1/3/2006 2:41

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Blaming mounting competition and regulation, mobile phone giant Vodafone Group (VOD) spooked the markets with a surprise profit warning on Feb. 27. The Newbury, (England)-based company revealed that it expects revenue growth to cool to between 5% and 6.5% in the year to Mar. 31, 2007, vs. an estimated 6% to 9% for the current financial year.

http://www.businessweek.com/globalbiz/content/feb2006/gb20060228_716910.htm

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