Sunday, 21 October 2018

Vodafone ups guidance on improving revenue trend

By Nick Wood, Total Telecom
Tuesday 11 November 14

U.K. telco giant claims its is beginning to reap the rewards of its £19 billion investment programme.

Signs of recovery across Vodafone's European footprint in fiscal Q2 prompted the U.K.-based telco giant to tweak its full-year EBITDA guidance upwards on Tuesday. In the three months to 30 September, group service revenue slipped on-year by 1.5% on an organic basis to £9.69 billion. In the three months to June, service revenue was down 4…

Signs of recovery across Vodafone's European footprint in fiscal Q2 prompted the U.K.-based telco giant to tweak its full-year EBITDA guidance upwards on Tuesday. In the three months to 30 September, group service revenue slipped on-year by 1.5% on an organic basis to £9.69 billion. In the three months to June, service revenue was down 4…

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