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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/vodafone-raises-profits-guidance.jpg"><img class="alignnone size-full" title="Vodafone has raised its profits guidance after seeing continued strong demand for smartphones in the UK" src="http://londonglossy.com/wp-content/uploads/2011/02/min-vodafone-raises-profits-guidance.jpg" alt="Vodafone has raised its profits guidance after seeing continued strong demand for smartphones in the UK"/></a></p>
<p>Vodafone has raised its profits guidance for the second time in three months after seeing continued strong demand for smartphones in the UK.</p>
<p>The mobile phone giant expects operating profits for the year to March 31 at the upper end of the £11.8 billion to £12.2 billion forecast in November.</p>
<p>It has now achieved a fifth successive quarter of revenues growth, with strong results in emerging markets such as India accompanied by improved trading in its more mature markets, including the UK and Germany.</p>
<p>In its home market, service revenues grew by 7% in the quarter to £1.26 billion as a result of higher penetration of smartphones such as Apple&#8217;s iPhone and the take-up of mobile internet bundles.</p>
<p>The growth, which compared with a 5.2% rise in the previous quarter, came despite continued strong competition and weaker revenues in pre-paid phones.</p>
<p>At the start of last year, Vodafone became the third network to muscle into the iPhone market in the UK. </p>
<p>By November, around 19% of Vodafone&#8217;s customers in the UK were smartphone users, with 60% of them utilising the company&#8217;s data services.</p>
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