Feeds

Vodaphone shows increased profits, sales

Shortage for Christmas?

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Vodafone has posted improved profits, with the company predicting a shortage in mobile phones over the Christmas period. The UK’s largest mobile phone group saw pre-tax profits leap 60 per cent to £477 million for the six months ended September 30. Turnover was up 34 per cent to £1.56 billion, with Vodafone saying there was no sign that the slowdown in economic growth was affecting this area of business. UK turnover rose 11 per cent to £966.5 million, but operating profits were only up 7 per cent to £302.6 million due to cost cuts. Chris Gent, chief executive, estimated that 1.5 million new subscribers in the UK would sign up in the Christmas quarter. He put this down to tariff cuts and pay-as-you-go deals, saying he expected a shortfall of around 50,000 phones during the period. The Vodafone prepaid service reported 419,000 customers at the end of September, against 51,000 a year ago. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.