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Vodafone organic service revenue growth improves to 1.4%

2016-02-04 08:35:00| Telecompaper Headlines

(Telecompaper) Vodafone Group confirmed its full-year outlook after reporting a small improvement in underlying growth rates in its fiscal third quarter. In the three months to December, the operator's organic revenues rose 2.6 percent year-on-year, excluding exchange rate effects and any acquisitions or divestments. Service revenues were up up 1.4 percent on an organic basis, better than the 1.0 percent growth in the previous quarter. In Europe, organic revenue was still down 0.6 percent, while the Africa, Middle East and Asia Pacific region increased revenue 6.5 percent on an organic basis. Vodafone's reported revenues were still down 5.5 percent to GBP 10.283 billion due to forex effects, and service revenue declined 6.3 percent to GBP 9.169 billion. In Europe total revenues fell 7.1 percent to GBP 6.038 billion, and AMAP revenues were down 3.6 percent to GBP 2.926 billion on a reported basis. 

Tags: service growth revenue organic

 

Accident Compensation Corp Acquires Shares of 13,535 Vodafone Group Plc

2016-02-04 03:29:05| Telecom - Topix.net

Accident Compensation Corp acquired a new stake in Vodafone Group Plc during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 13,535 shares of the cell phone carrier's stock, valued at approximately $437,000.

Tags: group corp compensation shares

 
 

Growth outside Europe pushes Vodafone revenue up

2016-02-04 01:00:00| Total Telecom industry news

Telco affirms full-year guidance but says competitive and regulatory challenges remain.

Tags: up europe growth revenue

 

Vodafone, Liberty Global in Netherlands merger talks

2016-02-03 01:00:00| Total Telecom industry news

Telecoms and cable giants are back in talks about a possible Dutch joint venture.

Tags: global netherlands talks liberty

 

Vodafone, Liberty Global in talks for Dutch joint venture

2016-02-02 14:31:00| Telecompaper Headlines

(Telecompaper) Vodafone has confirmed it's in talks on a possible joint venture with Liberty Global in the Netherlands. This would see Vodafone Netherlands, the second-largest mobile operator in the country, merged with Ziggo, the country's largest cable operator. Vodafone noted that the talks do not extend beyond the creation of a joint venture in the Netherlands. Last year Vodafone and Liberty Global held discussions on a wider exchange of assets or cooperation across their footprint in Europe, but were unable to reach an agreement. 

Tags: global joint dutch talks

 

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