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Vodafone Italia service revenues fall 16.1% in June quarter

Friday 25 July 2014 | 09:37 CET | News
Vodafone Italia reported a 16.1 percent year-on-year decline in service revenues to GBP 1.06 billion in its fiscal first quarter to June, which the company attributed to the lingering impact of last summer's prepaid price war and the continued effects of MTR cuts effective from July 2013. However, the result represents a slight improvement in trend following a 17.1 percent drop in the fiscal quarter to March. Vodafone said the upward trend reflected the impact of price rises towards the end of the previous quarter and continued strong business customer net additions. In addition, its fixed

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Categories: General
Companies: Vodafone Italia
Countries: Italy
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