ringtones free cell Sarin conceded Wednesday that the rollout of 3G business wouldbe expected, at least initially, to boost revenues but not netprofits, partly because of the higher costs associated withproviding the service, and partly because of the need to keepcharges low to woo new business. In its latest full-year results in May, Vodafone reportedstronger sales but continued net losses of 9. 02 billion pounds(US$16. 15 billion), down 8. 9 percent from the previous fiscal year. Shares in Vodafone slipped Wednesday, reflecting investors'skepticism that 3G will provide adequate payback for the massivelicense investments. In London, Vodafone lost 2 pence to close at137. 75 pence (US$2. 55, euro1. 96). Later on the New York StockExchange at midday, Vodafone ADRs were down 64 cents at US$25. 51(euro19. 40). In Britain, Wednesday's launch brought Vodafone into competitionwith a much smaller cell-phone operator called 3, which had beenthe only provider of 3G technology on the British market. The twoother significant operators in Britain, Orange and T-Mobile, planto launch 3G services by the end of the year.

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