0
General

Vodafone maintains outlook as service revenue growth slows in Q1

Wednesday 25 July 2018 | 08:23 CET | News

FREE webinar by Telecompaper on the Trends and Developments in the Dutch Telecoms market 2019Q2. Thursday 26th September at 15:00. Register now!

Vodafone Group reported a small slowdown in underlying revenue growth in its fiscal first quarter to June, but said it's on track with its cost savings efforts and full-year outlook. Total revenues dropped 4.9 percent to EUR 10.91 billion, hurt by the new accounting rules and negative currency effects. Organic service revenue was up 1.1 percent, or grew 0.3 percent based on the old accounting standards.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Idea Cellular / Vodafone / Vodafone Group
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vodafone meets FY guidance, cuts dividend to focus on debt reduction

Published 14 May 2019 08:30 CET | World
Vodafone Group reported underlying EBITDA up 3.1 percent to EUR 14.14 billion in its fiscal year to March, in line with its ...

Vodafone names Timuray to head Europe cluster, Essam becomes CCO

Published 03 Oct 2018 17:59 CET | Europe
Vodafone Group executive committee member and Turkish national Serpil Timuray was appointed as the CEO of Vodafone Group Europe ...

Vodafone Group considers tower sales to help reduce debt

Published 17 Sep 2018 10:28 CET | World
Vodafone Group is considering selling towers in order to help reduce debt and maintain dividends, its incoming CEO Nick Read ...

Vodafone Germany launches gigabit initiative in Lower Saxony

Published 07 Sep 2018 12:12 CET | Germany
Vodafone and the government of Lower Saxony have launched a strategic digital partnership entitled "Lower Saxony becomes a ...

Vodafone Hutchison Australia and TPG agree AUD 15 billion merger to create integrated operator

Published 30 Aug 2018 09:40 CET | Australia
Vodafone Hutchison Australia (VHA) and TPG Telecom have agreed the terms of a merger to establish a new integrated operator in ...

Vodafone UK boosts Bristol network capacity

Published 09 Aug 2018 16:00 CET | United Kingdom
Vodafone UK has increased network capacity across Bristol's showground ahead of the Balloon Fiesta festival over the weekend of ...

Vodafone UK turns on advanced 4G network in Brighton

Published 03 Aug 2018 14:10 CET | United Kingdom
Vodafone UK has turned on its advanced 4G network in Brighton, using carrier aggregation technology. Over 94 percent of Vodafone ...

Indian regulator releases spectrum auction recommendations

Published 02 Aug 2018 13:17 CET | India
The Telecom Regulatory Authority of India (TRAI) has released recommendations on "Auction of Spectrum in 700 MHz, 800 MHz, 900 ...

Vodafone shares jump on reported Elliott interest

Published 31 Jul 2018 08:53 CET | World
Vodafone Group's shares rose sharply after DealReporter said US activist investor Elliott Management has taken a stake in the ...

Idea Cellular's quarterly revenue plunges nearly 28%, EBITDA down 65%

Published 31 Jul 2018 07:39 CET | India
Indian operator Idea Cellular saw its revenue for the quarter ended 30 June 2018 reach INR 58.9 billion, which represents a ...

Vodafone Group confirms changes to management board

Published 30 Jul 2018 15:51 CET | World
Vodafone Group has confirmed changes to the Management Board and the Remuneration Committee following its AGM on 27 July, further ...

Last week in telecoms: Q2 earnings and Spanish 5G auction drive up share prices

Published 30 Jul 2018 09:03 CET | Europe
Last week's earnings reports were generally well received. Our European telecoms index rose 2.4 percent, versus a gain of 1.9 ...

Vodafone Ireland adds 12,000 contract customers in first quarter

Published 27 Jul 2018 18:45 CET | Ireland
Vodafone Ireland registered service revenue of EUR 238.6 million for the fiscal first quarter ending 30 June, up 1.7 percent from ...

Vodafone, Idea pay INR 72.68 bln to regulator for merger approval

Published 26 Jul 2018 10:09 CET | India
Vodafone India and Idea Cellular have paid INR 72.68 billion to the Department of Telecommunications (DoT) in order to secure ...

Vodafone Portugal sees 3.4% growth in revenues in Q1

Published 25 Jul 2018 16:54 CET | Portugal
Vodafone Portugal reported total revenues of EUR 254 million in its fiscal first quarter to June, representing 3.4 percent growth ...

Vodafone Romania service revenues flat in June quarter at EUR 178 mln

Published 25 Jul 2018 16:47 CET | Romania
Vodafone Romania reported service revenues for the fiscal quarter to 30 June unchanged year-on-year at EUR 178.2 million despite ...

Vodafone Turkey service revenues up 14% in June quarter to TRY 2.5 bln

Published 25 Jul 2018 16:26 CET | Turkey
Vodafone Turkey reported service revenues up 14 percent in the June quarter over the same period last year to TRY 2.5 billion. ...

Vodafone Greece service revenue growth slows as mobile customer losses continue

Published 25 Jul 2018 14:39 CET | Greece
Vodafone Greece saw its organic service revenue growth slow to 2.1 percent in the fiscal first quarter to June, from 3.3 percent ...

Vodafone Germany service revenues up 2.4%, adds over 400,000 converged customers

Published 25 Jul 2018 10:11 CET | Germany
Vodafone Germany said it had a strong start to the fiscal year, with service revenue up 2.4 percent thanks mainly to growth in ...

Vodafone UK says underlying service revenue improving, up 1.8% in Q2

Published 25 Jul 2018 09:43 CET | United Kingdom
Vodafone UK reported quarterly service revenue down 4.9 percent on an organic basis in the three months to June, compared to a ...

Vodafone Spain sales down over 2% in June quarter, adds 140,000 mobile contract clients

Published 25 Jul 2018 09:23 CET | Spain
Vodafone Spain reported organic service revenues down 2.2 percent year on year in its fiscal first quarter to the end of June, ...

Vodafone Italia service revenues fall 6.5% to EUR 1.23 bln in June quarter

Published 25 Jul 2018 09:19 CET | Italy
Vodafone Italia reported organic service revenues down 6.5 percent year on year to EUR 1.23 billion in its fiscal first quarter ...

Vodacom Group revenue up 4.2% in June quarter, adds 2.5 mln customers

Published 24 Jul 2018 09:31 CET | Africa
Vodacom Group reported revenue for its fiscal first quarter ended 30 June up 4.2 percent to ZAR 21.55 billion. Service revenue ...

Vodafone raises USD 11.5 bln in debt to finance Liberty Global takeover

Published 31 May 2018 09:23 CET | Europe
Vodafone has raised USD 11.5 billion in a debt offering to help finance its planned takeover of Liberty Global assets in Europe. ...

Vodafone takeover of Unitymedia unavoidable

Published 17 May 2018 12:38 CET | Europe
Vodafone has agreed to buy Liberty Global's operations in Germany, Hungary, Romania and the Czech Republic. Germany may raise ...

Vodafone meets FY outlook, sees EBITDA growth slowing in new year

Published 15 May 2018 08:29 CET | World
Vodafone said it expects a slowdown in underlying profit growth this year, after meeting its outlook for the fiscal year to March ...