Thursday, February 4, 2016
Enterprises Give Vodafone a Boost
The Vodafone Group reported a 1.4% year-on-year increase in service revenues in the quarter ending December 31st on an organic basis. That is up from 1.2% growth the previous quarter. Vodafone added that the data traffic on its networks rose 68% year-on-year, fuelled by a 4.7 million increase in 4G subscribers during the quarter, taking the total to 34.8 million.
Vodafone's top line was also lifted by growth in its enterprise division, which now accounts for 28% of group revenue. source: Vodafone presentation
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