News Articles

Friday, July 22, 2011

Quarterly results from Vodafone

Vodafone has published an interim management statement for the three-month period that ended on 30th June 2011.

It says group service revenue was up 1.5% year-on-year, with reduced mobile termination rates holding it back from what would otherwise have been a 3.9% increase. In the UK, service revenue was up 1.7%.

Group data revenue increased by 24.5% to £1.5 billion, while messaging revenue grew by 5.3% to £1.3 billion and fixed revenue grew 6.4% to £0.9 billion. Total revenue was up 2.3% to £11.6 billion.

Vittorio Colao, Vodafone’s Chief Executive, said “We have made a good start to the year, reporting robust results despite challenging macroeconomic conditions across southern European economies and the impact of cuts to mobile termination rates. Revenue from our key focus areas of data, enterprise and emerging markets continues to grow strongly. With our broad geographical mix and improving market positions, we are well placed for the rest of the financial year.”

Follow our mobile industry news in your RSS reader. There’s one feed for our online news stories, which are updated throughout the day - and there’s a separate feed containing the MP3 version of our weekly podcasts.
Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Networks and operators, NewsNumber of views: 552

Tags: ukvodafonedata

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«February 2017»
MonTueWedThuFriSatSun
303112345
6789101112
13141516171819
20212223242526
272812345
6789101112

Archive

Terms Of Use | Privacy Statement