Sunday, August 24, 2025

Vodafone Reports Improved Organic Service Revenue on European Demand

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

ATIS, Linux Foundation Partner to Advance Next-Gen Networks

The Alliance for Telecommunications Industry Solutions (ATIS), a leading...

Nigeria Adopts New Telecom Corporate Governance Guidelines

The Nigerian Communications Commission (NCC) has introduced a new...

Rakuten Mobile Expands 5G Coverage with Nokia, Cisco, F5

Rakuten Mobile, a global, leading, cloud-native, artificial intelligence (AI)...

T-Mobile and Ericsson Deploys 5G for Czech Company, Tawesco

T-Mobile and Ericsson have deployed a private 5G SA...

Vodafone nudged its forecasts for core earnings higher on Tuesday after reporting a sharp improvement in its main quarterly revenue measurement helped by growing demand for mobile services in its big European markets.

The British group reported second-quarter organic service revenue, which strips out items like handset sales and currency movements, down 1.5 percent, compared with the near 4 or 5 percent falls it recorded in the last six quarters. It also beat the consensus of a fall of 2.8 percent.

The world’s second-biggest mobile operator said it now expected its full-year core earnings to be between 11.6 billion pounds (roughly Rs. 1,13,200 crores) and 11.9 billion pounds (roughly Rs. 1,16,200 crores), compared with the previous guidance of between 11.4 billion (roughly Rs. 1,11,300 crores crores) pounds and 11.9 billion pounds.

“We have made encouraging progress during the quarter,” said Chief Executive Vittorio Colao. “There is growing evidence of stabilisation in a number of our European markets, supported by improvements in our commercial execution and very strong demand for data.

“Our two year, 19 billion pound investment programme is well underway, and customers are beginning to see the benefits.”

Having sold its operations in the United States, Vodafone is investing some of the proceeds on new, faster 4G networks to satisfy customers’ growing appetite for data.

But that has comes against the backdrop of cut-throat competition as operators battle weak demand in some struggling European economies. Regulatory changes, such as cutting the charges operators can impose to connect calls across networks, have also been a drag.

But results on Tuesday showed some of the pressures in its biggest European markets had eased. While service revenue remained negative in the four big markets of Germany, Italy, Britain and Spain, all four showed an improvement on the previous quarter.

Latest stories

Related stories

ATIS, Linux Foundation Partner to Advance Next-Gen Networks

The Alliance for Telecommunications Industry Solutions (ATIS), a leading...

Nigeria Adopts New Telecom Corporate Governance Guidelines

The Nigerian Communications Commission (NCC) has introduced a new...

Rakuten Mobile Expands 5G Coverage with Nokia, Cisco, F5

Rakuten Mobile, a global, leading, cloud-native, artificial intelligence (AI)...

T-Mobile and Ericsson Deploys 5G for Czech Company, Tawesco

T-Mobile and Ericsson have deployed a private 5G SA...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back