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General

VodafoneZiggo loses cable customers, grows in mobile in Q1, revenues up 2%

Thursday 6 May 2021 | 09:45 CET | News
VodafoneZiggo achieved revenue growth of 1.8 percent in the first quarter of 2021. The operating result rose slightly faster, pushing up the margin and free cash flow. Ziggo, the cable company, lost customers with increasing ARPUs, while Vodafone saw the number of mobile customers rise, but ARPUs fall. The board maintained its guidance for full-year 2021, for operating profit growth of 1-3 percent and shareholder distributions of EUR 550-650 million, against 501 million the year before.

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Categories: General
Companies: VodafoneZiggo / Ziggo
Countries: Netherlands
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