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Wireless

Vodafone Turkey service revenue up 14% in March quarter

Tuesday 16 May 2017 | 15:56 CET | News
Vodafone Turkey saw its service revenue increase 13.9 percent in the fiscal fourth quarter to 31 March, supported by good growth in consumer contract, strong fixed customer momentum and a robust performance in Enterprise, the company said. Over the full fiscal year, service revenues rose 16.0 percent, and adjusted EBITDA grew 29.9 percent. The adjusted EBITDA margin improvement of 2.5 percentage points to 21.2 percent was driven by lower commercial spend and improved operating cost control, Vodafone said.

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Categories: Mobile & Wireless
Companies: Vodafone Turkey
Countries: Turkey
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