Tuesday, 24 May 2011

VodaFone revenue rises to £5.28 billion

On the basis of Vodafone financial figures, it was revealed that the company has escalated its whole year benefits from £5.02 per cent to £5.28 billion with an addition of 991,000 new contract phone users to its customer-base in the past 12 months.

Wages before taxes, interest, depreciation and  amortization (EBITDA) were also increased up to  £1.23 billion which was £1.23 billion last year. Its annual operating benefits were also up to £348 million in this year which was just £155 million on March 31 2010. The figure for the last quarter shows that mobile phones service revenue of Vodafone has grown much faster than Everything Everywhere and O2.




This increase in profit for the period to the month end of March went reached up 5.8 per cent to £1.246 billion compared to revenue growth 0.4 per cent and 3.6 per cent by Everything Everytime and O2 respectively.Vodafone credited the contract customer-base for this revenue growth.

90 percent of its contract sales are now smartphones that was only 70 percent in the last quarter. Everything Everywhere added 912,000 new contract buyers over the last one year, while O2 added a total of 736,000 customers.Vodafone leading the market and counts an addition of  991,000 new contract users.

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