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Vodafone raises forecasts on favorable currency
Posted: 03-Feb-2009 [Source: Reuters]

[Vodafone reports good progress in cost-savings program and raises its yearly forecast.]

By Kate Holton, London (Reuters) -- "Vodafone, the world's largest mobile phone group by sales, increased its full-year guidance on Tuesday due to favorable foreign exchange movements and said customers had continued to use mobiles during the downturn."

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