The Malta Independent 3 May 2024, Friday
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Vodafone Reaches 200 million customers

Malta Independent Sunday, 11 February 2007, 00:00 Last update: about 18 years ago

The Vodafone Group announced key performance indicators for the quarter ended 31 December 2006 last week. The main highlights are:

• Organic growth of 6.1 per cent for the quarter in proportionate mobile revenue, with proportionate growth of 0.9 per cent in Europe and 14.4 per cent in EMAPA. Nine months year to date organic growth in proportionate mobile revenue of 6.1 per cent

• On a statutory basis, growth in total revenue for the quarter was 5.1 per cent, with organic service revenue growth of 4.8 per cent

• 8.7 million proportionate organic net mobile additions for the quarter. Total proportionate mobile customer base at 198.6 million at the end of the quarter after a net reduction of 1.7 million mobile customers from other movements, principally business disposals

• Total proportionate mobile customer base over 200 million by the end of January

• 2.5 million 3G devices added, bringing total 3G device base to 13.6 million. 3G Broadband through HSDPA available across 21 of the Group’s markets and partner networks

• Completed disposal of interests in Proximus and Swisscom Mobile with net proceeds of £3.1 billion

• Continued execution on revenue stimulation and total communications objectives with Vodafone At Home now launched in seven markets, including five offering DSL services, and Vodafone Office available in 11 markets

• Execution of core cost reduction programmes, including IT outsourcing, data centre consolidation, supply chain management and network sharing, all on track

• Vodafone reiterates its current year outlook with the financial performance for the quarter and year to date in line with expectations.

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