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General

Vodafone Q2: growth in subscribers, enterprise can't halt revenue decline

Thursday 15 November 2012 | 15:22 CET | Author: Tim Poulus | Background
Vodafone Netherlands suffered from a network disruption in April and regulatory effects (MTR cuts) in its fiscal first half, leading to a 2.3 percent fall in services revenues to EUR 944 million. On an organic basis (excluding acquisitions such as TeleSpectrum in April), revenues fell 1.9 percent. The decline in sales accelerated in Q2 to 2.6 percent year-on-year, from 1.9 percent in the first quarter of the fiscal year.

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Categories: General
Companies: BelCompany / TeleSpectrum / Vodafone Group / VodafoneZiggo
Countries: Netherlands
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