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General

Vodafone Germany loses 572,000 mobile customers in Q4

Tuesday 19 May 2015 | 09:14 CET | News

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Vodafone Germany saw the drop in its mobile customer base accelerate in the last quarter of the year, losing a net 572,000 customers for a total 30.943 million. Quarterly service revenue fell 3.1 percent on an organic basis, as growth at cable operator Kabel Deutschland helped offset the weaker mobile results. Vodafone said the mobile price reductions in the prior year continued to penetrate the consumer customer base. Organic EBITDA declined 10.9 percent over the full fiscal year, with a 3.1 percentage point decline in the EBITDA margin, driven by lower service revenue and a higher level of

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Categories: General
Companies: Kabel Deutschland / Vodafone Germany
Countries: Germany
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