Vodafone Ireland beats its group with a turnover of € 238 million



[ad_1]



"Our Team Worked" Anne O 'Leary, CEO of Vodafone Ireland

  Ellie Donnelly

The turnover of Vodafone Ireland has increased by 1.7 pc year-on-year to 238.6 million euros in the three months preceding the June 30th.

During the period, 12,000 contract customers were added to Vodafone's customer base. The company now has more than 2.2 million customers in Ireland.

The number of fixed broadband customers at Vodafone remained stable at 263,000, the company said yesterday in an update.

Anne O 'Leary, Executive Director of Vodafone Ireland, said: "Our first quarter was another positive period of progress for Vodafone Ireland. The successes of previous quarters as we continue to implement our strategy of investing, innovating and transforming.

The company also took advantage of the announcement to take stock of Siro, its joint venture with ESB. The connections have exceeded 160 000 local and are located in 30 Irish cities.

The increase in business turnover in Ireland is accompanied by an overall decline in the group's business turnover, the group registering a decline of 4.9pc in 10.9 billion euros During the period, revenue growth in services slowed to 0.3pc, with 9.9 billion euros for the quarter, with Vodafone showing a increased competition in Italy and Spain.

0.4pc and shone a 7.2pc increase for its Africa, Middle East and Asia-Pacific (Amap) division.

India has also experienced "intense" competition, with service revenues down 22.3pc, mainly due to the price war

Vodafone is waiting for the authorization of "[i] nbsp; an agreement to merge Vodafone India and Idea Cellular, a merger that is expected to be completed by the end of August and will help to overcome difficult market conditions.

are the CEO of Vittorio Colao before handing over the reins in October

(Additional reportage of PA)

 Indo Business

[ad_2]
Source link