Vodafone: Revenues Up, Data Growth Driven By Business Users and 3G

Vodafone’s second-quarter revenues for the period ended 30 June 2007 are out today, with strong top-line numbers driven by its acquisition of Hutchison Essar in India.

The mobile operator said group revenue was up 7.5 percent to £8.3 billion and reported 9.1 million proportionate organic net mobile additions for the quarter, compared with 4.8 million for the same quarter last year. The total proportionate mobile customer base at 30 June 2007 was 232 million (the figure includes users from operations where Vodafone has a partial stake such as Verizon Wireless).

Mobile data up: Non-voice revenues are continuing their decline

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