Thursday, July 5, 2007

Vodafone weighs on FTSE before rate verdict

(Reuters) - Britain's top share index fell on Thursday as losses in heavyweight Vodafone and a widely anticipated rate rise by the Bank of England outweighed gains in miners.

Vodafone, which until recently was the favourite to win a pan-European iPhone deal with Apple, fell 1.3 percent after UK newspapers said rival O2, a unit of Spain's Telefonica, was poised to clinch a deal to be the exclusive network partner for the much-hyped phone in the UK.


Read more at Reuters Africa

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