Αρχική iptv-news Tough quarter for Vodafone

Tough quarter for Vodafone

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Outgoing Vodafone boss Vittorio Colao departs the mobile communications company with a predicted slowdown in mobile handset sales.

The company, which is in the process of acquiring Liberty Global’s cable assets in Germany and CEE, saw slight TV growth in Italy and Portugal, while its Spanish and German markets slipped back.

“The majority of our operations performed well, with ongoing momentum in Germany, further underlying recovery in the UK and continued good growth in AMAP, all of which helped to offset increased competition in Italy and Spain,” said Colao.

“Our commercial performance was solid, with further broadband market share gains in Europe, a record number of customers adopting our converged propositions, and the continued success of our world-leading IoT platform.”

During the quarter the company added 128,000 new broadband customers in Europe, almost half that of the previous year.

Including VodafoneZiggo the Group now has 19.9 million broadband customers, of which 13.6 million take a high-speed service over fibre or cable, 13.8 million TV customers and 6.0 million consumer converged customers.



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