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Vodafone continues strong performance in customer and revenue growth


Source: http://www.vodafone.com , ,

Vodafone Group Plc ("Vodafone") announces today key performance indicators for the quarter ended 30 June 2004. The main highlights are:
  • 3.1 million organic net additions, and 2.7 million additions from stake changes, increasing the proportionate customer base to 139.2 million;
  • Blended annual ARPU up EUR1 to EUR362 in Italy, down EUR1 at EUR309 in Germany and JPY2,330 to JPY78,365 in Japan, compared to March 2004. ARPU in the UK was up GBP5 to GBP314, including a further GBP4 uplift from the acquisition of Singlepoint;
  • Total data revenues increased to 16.3% of controlled service revenues for the year to June 2004 from 15.0% for the year to June 2003; controlled data revenues for the quarter up 13% on an organic basis on the same quarter last year;
  • - 9 million controlled Vodafone live!TM customers at the end of June 2004, with a further 1.3 million customers in non-controlled operations;
  • Mobile Connect Card sales in controlled operations increased to over 300,000, including over 50,000 with 3G capability.

Arun Sarin, Chief Executive of Vodafone, commented:

"Overall we feel we have made a very strong start to this year. We have recorded good performances in both customer and revenue growth. With over 139 million proportionate customers, our business is progressing well, despite a tougher competitive environment in some markets. Data revenues continue to increase helped by Vodafone live! where we now have over 9 million controlled customers. These KPI's are in line with our expectations and we are therefore reiterating our guidance for the year to March 2005."

Read full press release http://www.vodafone.com/assets/files/en/KPIs_20040630.pdf

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