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Vodafone Group Public Limited Company Message Board

  • bluecheese4u bluecheese4u Feb 8, 2013 12:58 AM Flag

    Vodafone Interim management statement for the quarter ended 31 December 2012

    Interim management statement for the quarter ended 31 December 2012

    7 February 2013

    • Group service revenue declined -2.6%*; or -0.4%* excluding mobile termination rate (‘MTR’) cuts
    • Decline in Northern and Central Europe service revenue: Germany -0.2%*, UK -5.2%*
    • Conditions in Southern Europe remain challenging: Italy -13.8%*, Spain -11.3%*
    • Continued growth in emerging markets1: India +9.0%*, Vodacom +1.9%*, Turkey +18.4%*
    • Verizon Wireless (‘VZW’) service revenue grew +8.7%* driven by strong customer additions
    • Group data revenue grew +12.8%* reflecting an increase in European smartphone penetration to 33.4%
    • LTE services launched in Italy, South Africa, Greece and Romania; LTE now available in six markets
    • Net debt reduced to £23.3 billion after receipt of £2.4 billion VZW dividend
    • Vodafone Red launched in five markets; 48.3% of European mobile service revenue now in-bundle
    • Full year guidance for adjusted operating profit and free cash flow confirmed




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