Friday, July 25, 2014
Vodafone Shrinks Further in Europe
Vodafone said its service revenue fell 4% year-on-year on an organic basis in the quarter ending June 30th to 9.4 billion British pounds (15.95 billion US dollars). Service revenue fell 8.7% in Europe, more than offsetting a 7.6% rise in the rest of the world.
Continuing to invest heavily in LTE and fibre, Vodafone said it had 22,900 4G base stations in Europe at the end of June, covering 52% of the population, up from 18,200 at the end of March. source: Vodafone presentation
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