British mobile phone giant Vodafone revealed Tuesday that annual net losses worsened to 6.3 billion euros

British mobile phone giant Vodafone revealed Tuesday that annual net losses worsened to 6.3 billion euros ($6.9 billion) on the back of a vast writedown at its troubled Indian division.
Vodafone's performance in the 12 months to March was hit by a 3.7-billion-euro impairment at the Indian unit and compared with a net loss of 5.4 billion euros in the previous financial year, it said in a statement.