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. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
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?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.