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Vodafone Q2 2014/15 results: A sharp reduction in decline - Venture Insights

Report Overview

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Vodafone Q2 2014/15 results: A sharp reduction in decline

PublisherEnders Analysis.
Publish Date November 14, 2014
Sector Fixed Line (Internet and Voice), Mobile and Wireless Technology.
Company vodafone.

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Vodafone Europe enjoyed a sharp improvement in mobile service revenue growth in its Q2, with the decline reduced to 5% from 8% the previous quarter.

Part of this was due to a reduced regulatory impact, part was due to one-off factors, but underlying improvements are still clear across all major markets, with price declines attenuating and a significant improvement in competitive performance.

In the short term the partial stabilisation of pricing is perhaps the result of a fairly fragile equilibrium which could shatter at any time, but Vodafone’s aggressive network investment and surging data volumes give confidence in a sturdier recovery going forward.