FTSE posts modest gain, Vodafone news fails to thrill

Mobile giant Vodafone held back progress by the FTSE 100 Index today as investors gave a lukewarm response to acquisition news.

FTSE posts modest gain, Vodafone news fails to thrill
Tue, 13 Dec, 2005 - 17:43

Mobile giant Vodafone held back progress by the FTSE 100 Index today as investors gave a lukewarm response to acquisition news.

The mobile giant lost almost 3% of its market value after it emerged it had won the bidding race for Turkish firm Telsim.

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