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Vodafone quarterly revenues fall 7%, organic service revenue flattens

2019-01-25 08:46:00| Telecompaper Headlines

(Telecompaper) Vodafone reported a further slowdown in its fiscal third quarter to December, amid continued weakness in its big European markets. Revenues fell 6.8 percent to EUR 10.996 billion, with a 5.6 percent fall in Europe and 11.1 percent lower sales in the rest of the world. Organic service revenue grew just 0.1 percent, slowing from 0.5 percent growth in Q2 and 1.1 percent in Q1. 

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Category:Telecommunications

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