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Vodafone Germany revenue growth slows in Q1

Friday 21 July 2017 | 09:04 CET | News
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Vodafone Germany recorded organic service revenue growth of 0.6 percent in its fiscal first quarter to June, down from 1.2 percent growth in the previous quarter. The drop was due to a 1.1 percent fall in mobile service revenue to EUR 1.492 billion, as lower wholesale revenues and regulatory cuts to termination and roaming fees offset growth in customer numbers. Excluding regulation, mobile service revenue would have grown 1 percent, driven by higher ARPU under its 'more for more' propositions, the company said.

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Categories: General
Companies: Vodafone Germany
Countries: Germany
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