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General

Vodafone Italia halves service revenue decline to 4% in June quarter

Friday 23 July 2021 | 09:15 CET | News
Vodafone Italia reported a 3.6 percent fall in organic service revenue in its fiscal first quarter to June, the Vodafone Group's only European unit to post a decline but an improvement on drops of 7.8 percent, 7.8 percent and 8.0 percent reported in the previous three quarters. In a statement, the operator attributed the quarterly fall to continued price competition in the mobile value segment, partly offset by stabilisation of the consumer mobile customer base, a growth in roaming and visitor revenue plus higher business activity compared to the year-earlier quarter.

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Categories: General
Companies: Vodafone Group / Vodafone Italia
Countries: Italy
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