Vodafone Italia service revenues fall 10.2% in H1

Tuesday 13 November 2012 | 12:41 CET | News
Vodafone reported a net loss of 39,000 customers in Italy in its fiscal second quarter to September and a further drop in revenues. The customer base totaled 22.735 million at the end of September, down from 22.774 million three months earlier, with 82.3 percent of customers still on prepaid. The fixed-line subscriber base fell by 3,000 to 1.318 million. Mobile ARPU fell to EUR 17.7 from EUR 18.7 in the previous quarter and EUR 20.1 a year earlier, with the growth in data revenues unable to offset pressure on voice revenues from the difficult economic conditions and termination rate cuts.

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Categories: Mobile & Wireless
Companies: Vodafone Italia
Countries: Italy
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