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General

Vodafone Spain sales down 4.7% in September quarter, writes off EUR 2.9 bln

Tuesday 13 November 2018 | 09:20 CET | News
Vodafone Spain reported organic service revenues down a further 4.7 percent year on year to EUR 2.21 billion in its fiscal second quarter to the end of September, compared to drops of 2.2 percent and 7.2 percent in the previous two quarters, attributed to commercial actions taken in May to improve the competitiveness of its offers and the impact of its decision not to renew what it described as "unprofitable" football content rights. The company said competition in the Spanish market remained high in the first half of its fiscal year, prompting a 20-25 percent increase in portability volumes

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Categories: General
Companies: Vodafone Spain
Countries: Spain
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