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General

Vodafone UK slows sales drop in Q2, customer growth improves

Tuesday 15 November 2016 | 08:58 CET | News
Vodafone UK slowed the drop in service revenue in its fiscal second quarter to September and improved customer growth. Organic service revenue declined 2.1 percent, compared to a 3.2 percent annual drop in Q1. The lower revenues reflect the continued impact from problems with its new billing system, lower out-of-bundle and roaming revenues, and a slowdown in enterprise fixed line. Vodafone said Q2 saw a gradual improvement in both consumer and enterprise trends, and it's focused on improving customer service levels. The number of mobile customers grew by 36,000 in the three months to 18.010

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Categories: General
Companies: Vodafone UK
Countries: United Kingdom
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