Sunday, March 13, 2011

Vodafone Spain descending

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Constant low prices of voice in the cellular services has generated a strong recoil of nothing less than the 7.9 per cent of the total income of the Spanish subsidiary of Vodafone, which placed the figures of the company at 3.101 million euros in the first half of its fiscal year.

However, the fall has been somewhat rewarded by the increase in the minutes of the network traffic, which was 3.3 per cent, and also by the strong growth of revenues for data services, which was 15.1 percent. Based on this, the revenues from services have suffered a fall of 7.1 per cent, reaching a floor of 2,895 million euros.

The good news for Vodafone has been that with the launch of the tariffs "to my air", the number of clients has multiplied to 17.10 million of users, the number more elevated of this company throughout its history in Spain. This was precisely due to this initiative that has attracted 280,000 users more. 61.7 Percent of customers have a given contract.

These figures are those recorded in Spain, but if we rely on what is Vodafone as a group, must be said that the company has been a 5.424 million euros net income, which represents an increase of 0.7 %, over the same period of last year. This improvement is due to the growth in all key markets of the group, such as Africa, Central Europe, Asia and Pacific, and the Middle East.

Finally the figures of business semester of Vodafone, has reached the 26,200 million euros, something that represents an improvement of 3.9 percent compared to the previous year.

Tags: Business, missing, fall, Spain, Vodafone share this article

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