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General

Vodafone Italia service revenues drop further 16.6%

Thursday 6 February 2014 | 11:09 CET | News
Vodafone Italia reported service revenues for its fiscal third quarter to December down 16.6 percent year-on-year to GBP 918 million as the company continued to feel the effects of a sluggish economy, cuts to termination rates and intense price competition. This latest quarterly decline in revenues follows similar drops of 17.6, 17.0 and 15.7 percent in the fiscal quarters to March and June and September. However, mobile in-bundle revenue grew by 10.6 percent on an organic basis to GBP 379 million, from GBP 330 million a year earlier, driven by the take-up of the operator's integrated prepaid

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Categories: General
Companies: Vodafone Italia
Countries: Italy
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