Home Vodafone underlying service revenue turns lower in Q1 as pandemic reduces roaming, business revenue
 

Keywords :   


Vodafone underlying service revenue turns lower in Q1 as pandemic reduces roaming, business revenue

2020-07-24 08:37:00| Telecompaper Headlines

(Telecompaper) Vodafone's underlying service revenues turned lower again in its fiscal first quarter to June, with a drop of 1.3 percent in organic service revenue compared to growth of 1.6 percent in the previous quarter. The company blamed the drop on less roaming revenue and slower business activity due to the Covid-19 pandemic and said it still expects to meet its targets for full-year EBITDA and cash flow.� [ more ]

Tags: service business lower revenue

Category:Telecommunications

Latest from this category

All news

19.06Modernizing for Compliance: A Strategic Roadmap for Public Sector and Higher Ed, including CMMC
Telecommunications »
03.07Eastern North Pacific Tropical Weather Outlook
03.07Atlantic Tropical Weather Outlook
03.07Summer brings increased risk of toxic cyanobacteria
03.07Beware of stocking rate creep
03.07Wolves
03.07Maternal flu shots may protect newborn brain development
03.07�nie�ka Group Earns Higher Position in ESG Ranking
03.07Tropical Storm Flossie Graphics
More »