Vodafone looking for more acquisitions

BARCELONA, SPAIN: Vodafone Group will "definitely consider" more acquisitions said CEO Vittorio Colao, as the company reported stagnant revenue for fiscal 2014.

Over the last year, the company has acquired cable television operators Kabel Deutschland in Germany and Spain's Ono, as it pursues a quadplay strategy to bolster its core European operations.

The Mobile World Live reports that the company will look to extract best possible terms from any deal, said Colao. "We will definitely consider more acquisitions but they must come at a reasonable price".

On a group level, on a statutory basis, Vodafone saw a 0.8 per cent increase in revenue to £38.35 billion for the full-year.

On an operating level, it saw a loss of £3.91 billion, up from a prior-year loss of £2.2 billion.