Vodafone Reports Q4 KPIs 651798

Reports group revenue of £9.2B, an increase of 15.8%, with organic growth of 4.4%

January 31, 2008

1 Min Read

NEWBURY, U.K. -- Key highlights of the three month period ended 31 December 2007:

  • Group revenue of £9.2 billion, an increase of 15.8%, with organic growthof 4.4%:

    • Europe: service revenue growth of 2.0% for Europe, business segment service revenue growth of 4.8%, messaging revenue up 8.1% and data revenue up 35.5%, all on an organic basis

    • EMAPA: service revenue growth of 48.1%, reflecting acquisitions ofIndia and Turkey. Organic growth of 13.7%

    • Group data revenue up 51.6% with organic growth of 41.5%

    • Total Communications products contribute around 13% of Group revenue

  • Proportionate mobile customer base of 252.3 million at 31 December 2007,up 10.8 million

  • Strong growth in net customer additions of 2.0 million at VerizonWireless and service revenue growth of 14.4%

  • 3.1 million DSL customers across 11 markets following the acquisition of Tele2's operations in Italy and Spain

  • Site-sharing agreement in Italy and IT outsourcing agreement in India demonstrate ongoing drive for efficiency

  • Creation of an independent tower company in India to accelerate roll-outand to reduce overall cost

  • Vodafone reiterates the increased current year outlook which it announced with its half-yearly results.

  • Additionally the current year outlook, particularly for revenue, maybenefit from exchange rate movements



Arun Sarin, Chief Executive, commented:

"We have sustained our recent momentum in the third quarter, executing onourstrategic objectives in competitive markets, with over 250 millionproportionatecustomers driving strong growth in voice usage and data revenue. We are alsomaintaining our rigorous focus on costs across the Group, positioning uswell tosustain our progress. We are reiterating our current year outlook."

Vodafone Group plc (NYSE: VOD)

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like