5/26/2008

Vodafone enjoys rise in sales in Turkish market

Bloomberg - Vodafone Group Plc, the world's largest mobile-phone company, may report a full-year profit because of rising sales in India and Turkey and increased demand for wireless Internet services. Net income was 6.35 billion pounds ($12.6 billion), compared with a loss of 5.43 billion pounds a year earlier, according to the average estimate of 13 analysts compiled by Bloomberg. Chief Executive Officer Arun Sarin expanded Vodafone the past two years in Turkey and India, the fastest growing of the world's top 20 mobile-phone markets, by buying stakes in wireless operators.

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