Vodafone pledges better returns as quarterly revenue rises


FILE PHOTO: The headquarters of Vodafone Germany are pictured in Duesseldorf September 12, 2013. REUTERS/Ina Fassbender/File Photo

LONDON (Reuters) -Vodafone, the telecoms group targeted by activist investor Cevian Capital, said it was working to improve shareholder returns by tackling weaker parts of its business, as it reported a rise in quarterly revenue.

Chief Executive Nick Read said Vodafone had delivered a "solid quarter", with a 2.7% rise in third-quarter group service revenue, including consistent growth in its biggest market Germany.

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