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Vodafone Q4 2016/17 results: Solid results, better (short-term) outlook - Venture Insights

Report Overview

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Vodafone Q4 2016/17 results: Solid results, better (short-term) outlook

PublisherEnders Analysis.
Publish Date June 21, 2017
Sector Fixed Line (Internet and Voice), Mobile and Wireless Technology, Telecom.
Company vodafone.

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Vodafone Europe’s mobile service revenue growth declined again to -1.0% from -0.6% in the previous quarter, but across the core top 4 markets it was essentially flat at -0.8%, and signs are encouraging for it improving next quarter

Contract subscriber share has (at last) stabilised across its top 4 markets, and continuing improvements in NPS suggest that Project Spring investments are finally being reflected in subscriber sentiment

The short-term outlook is positive with both subscriber growth and ARPU looking solid at worst. The longer-term results of market consolidation are the main threat, with powerful competitors potentially being created