Vodafone Ireland's income rises as parents slow down



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Vodafone Ireland's business turnover increased by 1.7% from its 235 million euros turnover to 238.6 million euros at the beginning of the year. quarter, in contrast to its parent, which experienced a slowdown in sales growth in the same quarter. ] The state's largest mobile operator said it added 12,000 contract customers in the quarter while the number of fixed broadband subscribers remained steady at 263,000. Vodafone also said that data usage has increased 40.7% annually to exceed 17.8 petabytes of data.

Meanwhile, Siro, Vodafone's joint venture with ESB, has spent more than 160,000 locals and lives in 30 cities.

The difficult market of Italy and Spain broke the latest results of the boss of the company, Vittorio Colao, Wednesday

The turnover of organic services n 39 increased by only 0.3% due to increased competition in Italy "The overall performance of the group, including the good progress in reducing absolute operating costs for the third year in a row, gives us the confidence to reiterate our forecast for the year, "Colao said.

Chief Financial Officer Nick Read is to succeed Colao in October. The Italian is considered to have transformed the group during his time at the helm. Among his many accomplishments, he pulled Vodafone out of the United States with a $ 130 billion joint venture with Verizon and agreed to merge its India business with Idea Cellular.

In one of his last acts for the company this year, he participated in an 18.4 billion euro deal for the purchase of cable and broadband television networks Global Liberty band in Germany and Eastern Europe. Additional reports: Reuters

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