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Wireless

Vodafone UK service revenue falls 4.8% in Q4

Tuesday 16 May 2017 | 08:49 CET | News
Vodafone UK's service revenue fell another 4.8 percent in its fiscal fourth quarter to March. The deterioration from a 3.2 percent annual fall in the previous quarter was due to continued operational challenges, increased competition in Enterprise and lower roaming revenues, the operator said. However, the billing system problems which have plagued the company for the past year are now resolved, Vodafone said. Mobile service revenue declined 3.9 percent year-on-year, the same as in Q3, as the company lost another 74,000 customers in the three months. Vodafone blamed the result on higher

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Categories: Mobile & Wireless
Companies: Vodafone UK
Countries: United Kingdom
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