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General

Vodafone Germany sheds customers, organic revenue lower

Tuesday 11 November 2014 | 09:11 CET | News
Vodafone reported revenues of GBP 4.33 billion for its fiscal first half in Germany, up from GBP 3.90 billion a year earlier thanks to its takeover of Kabel Deutschland. On an organic basis, service revenue in H1 decreased 4.2 percent excluding KDG. In fiscal Q2, the drop slowed to 3.4 percent. In the mobile segment, service revenue declined 4.6 percent on an organic basis in H1, due mainly to the impact of price reductions implemented in the previous year. However, ARPU continued to stabilise quarter-on-quarter and reached EUR 15.3 in Q2 versus EUR 15.0 in Q1. The operator lost a net 228,000

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Categories: General
Companies: Vodafone Germany
Countries: Germany
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