What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Friday, July 23, 2010
Vodafone Begins Growing Again
Vodafone said that its service revenues grew 1.1% year-on-year on an organic basis in the quarter ending June 30 to 10.6 billion British pounds (16.23 billion US dollars) driven by a 25% increase in data revenue to 1.2 billion pounds and 14% growth in revenues in India and 24% growth in Turkey. Vodafone cut capital spending by almost 12% year-on-year to 1 billion pounds. source: Vodafone presentation