Company: Vodafone Group

LONDON (Reuters) - Mobile operator Vodafone <VOD.L> wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls.

BERLIN/PARIS (Reuters) - Germany dismissed a French-led call for euro zone governments to issue common bonds, a day before a European Union summit which investors are looking to for new measures to counter the bloc's debt crisis.

BERLIN/PARIS (Reuters) - Germany dismissed a French-led call for euro zone governments to issue common bonds, a day before a European Union summit which investors are looking to for new measures to counter the bloc's debt crisis.

LONDON (Reuters) - Mobile operator Vodafone <VOD.L> wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls.

Vodafone Group PLC has reported an 11 percent drop in full-year profit due to higher taxes and weaker operations in Europe.

Vodafone lowered a medium-term sales growth target for revenue growth on Tuesday as consumers in southern Europe slashed spending and regulators upped the pressure on the world's largest mobile operator.

NEW YORK (Reuters) - AT&T Inc is hoping to help its margins by lowering smartphone subsidies and the company also aims to boost revenue with a new offering that would allow consumers to share their data allowance between tablets and smartphones.

MEXICO CITY (Reuters) - When Telefonica arrived in Mexico about a decade ago, the Spanish phone company framed the expansion as a social crusade as much as a business: It would bring wireless service to the country's poor while taking on Carlos Slim, the tycoon who has dominated Mexico's telephone industry for a generation.

MEXICO CITY (Reuters) - When Telefonica arrived in Mexico about a decade ago, the Spanish phone company framed the expansion as a social crusade as much as a business: It would bring wireless service to the country's poor while taking on Carlos Slim, the tycoon who has dominated Mexico's telephone industry for a generation.

MEXICO CITY (Reuters) - When Telefonica arrived in Mexico about a decade ago, the Spanish phone company framed the expansion as a social crusade as much as a business: It would bring wireless service to the country's poor while taking on Carlos Slim, the tycoon who has dominated Mexico's telephone industry for a generation.

Vodafone on Monday agreed to buy corporate telecoms company Cable & Wireless Worldwide for 1.04 billion pounds ($1.68 billion), in a deal that adds a British fixed line network to its wireless network. 

Vodafone threatened the Indian government with arbitration proceedings on Tuesday in a fight over retrospective tax proposals which could cost the British company dear and undermine wider foreign investment in the country.

India has diversified its exports to make up for the fall in demand from the developed world since the global financial crisis hit, and the nation remains an attractive destination for foreign investors despite controversy surrounding its recent tax legislation, India’s Minister of Commerce and Industry, Anand Sharma told CNBC on Tuesday.

The mobile computing industry it has conquered in just five years is changing rapidly, and nothing, not even Apple’s vaunted brand premium appears guaranteed. the New York Times reports.

Vodafone Group posted third-quarter results slightly below forecasts on Thursday as increasingly tough trading in Spain and Italy overshadowed solid performances in emerging markets and northern Europe for the world's largest mobile operator.