Tuesday, May 12, 2020
Vodafone's Performance Picks Up
The company said: "The economic impact of the COVID-19 pandemic in our markets, whilst uncertain, is likely to be significant. Whilst our business model is more resilient than many others, we are not immune to the challenges. We are experiencing a direct impact on our roaming revenues from lower international travel and we also expect economic pressures to impact our customer revenues over time. However, we are also seeing significant increases in data volumes and further improvements in loyalty, as our customers place greater value on the quality, speed and reliability of our networks." Source: Vodafone statement
With the release of Vodafone's annual results, Pringle Media has been able to update the report on the performance of Europe's big five telcos over the past decade. More here.
WHERE WE'RE HEADED: TELECOMS TRENDS AROUND THE WORLD: SUBSCRIBE HERE