Feeds

Vodaphone shows increased profits, sales

Shortage for Christmas?

  • alert
  • submit to reddit

Reducing security risks from open source software

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. ®

Eight steps to building an HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.