Vodafone Announces Strong First Quarter Performance
Monday July 28, 10:57 am ET
biz.yahoo.com
LONDON, July 28 /PRNewswire-FirstCall/ -- Vodafone Group Plc ("Vodafone") announces today key performance indicators for the quarter ended 30 June 2003. The main highlights are:
-- Increase in proportionate customer base to 122.7 million, including
2.5 million organic net additions in the quarter
-- Blended annual ARPU up euro 4 to euro 351 in Italy, up 5 pounds
sterling to 297 pounds in the UK, stable at euro 313 in Germany and
down yen 976 at yen 86,183 in Japan, compared to March 2003
-- Data revenue increased to 15.0% of controlled service revenues for the
year to June 2003
-- Vodafone live! customers at end of June of 1.75 million, with over
580,000 in Germany, over 420,000 in the UK and over 300,000 in Italy
-- Vodafone Mobile Connect Card sales over 80,000 at the end of June and
over 100,000 today
Sir Christopher Gent, Chief Executive of Vodafone, commented: "These figures demonstrate continued strong operational performance and are in line with or slightly better than our expectations when we provided our outlook for the financial year. In particular, we are well on track to achieve more than 10% growth in average proportionate customers and a similar growth in revenues. We are also encouraged with the progress of Vodafone live! where today we have more than 2 million customers and expect further adoption and usage from the forthcoming wider range of lower priced handsets." |
