Less Ads, More Data, More Tools Register for FREE

Vodafone posts 3.3% rise in Q1 revenue as Europe returns to growth

Fri, 23rd Jul 2021 07:11

LONDON, July 23 (Reuters) - Mobile operator Vodafone
reported a better-than-expected 3.3% rise in first-quarter
service revenue on Friday, including a one-off gain of around
1.0% point following COVID-19 disruption last year.

It said it had returned to service revenue growth in Europe
as well as Africa, with demand seen in both consumer and
business.

Analysts on average expected a rise of 1.4%.
(Reporting by Paul Sandle; Editing by Kate Holton)

Related Shares

More News
31 May 2024 13:35

TOP NEWS: Vodafone completes sale of Spain business to Zegona

(Alliance News) - Vodafone Group PLC and Zegona Communications PLC on Friday said Zegona has completed the acquisition of Vodafone Spain, with telecom...

30 May 2024 13:01

UK dividends calendar - next 7 days

29 May 2024 15:05

Iliad in wait-and-see mode on M&A in Italy after failed Vodafone deal

MILAN, May 29 (Reuters) - French challenger telecoms operator Iliad is focused on growing its Italian business on a standalone basis, the head of Il...

27 May 2024 09:49

Vodafone to wire 120,000 flats in Germany for fibre optic service

(Alliance News) - Telecommunications firm Vodafone Group PLC has signed an infrastructure contract with one of Germany's largest housing companies to ...

16 May 2024 11:26

Deutsche Telekom's strong Europe growth helps core earnings rise

May 16 (Reuters) - Deutsche Telekom reported first-quarter adjusted core earnings of 10.5 billion euros ($11.43 billion) on Thursday, with Europe a ...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.