Feeds

SMS pumps up Vodafone sales

It's good to talk, text, etc

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Shares in Vodafone were up in morning trading after the world's biggest mobile phone operation posted improved intermim turnover and operating profits.

For the six months to September 30 turnover increased by 27 per cent to £8.9 bn, up from £7 bn in the corresponding period last year.

Operating profit jumped to £3.4bn 40 per cent up on last year's £2.4bn.

The mobile phone operation also boosted its customer base to 95.6 million punters - 15 per cent growth during the period.

Average revenues per user (ARPU) stabilised after a recent decline. This was helped, in part, by an increase in non-voice revenues (SMS etc) which accounted for 9.1 per cent of total service revenues for the year to 30 September 2001, compared with 8.1 per cent for the year ended 31 March 2001.

This upward trend appears to be continuing with Vodafone reporting that in September 2001, non-voice service revenues represented 9.9 per cent of total service revenues.

Of course, Vodafone still has to recoup its multi-billion pound investment in third generation mobile licences. And it also has to wrestle with net debt of £9.2 billion.

By late morning shares were up 4p (2.3 per cent) at 178.25p. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.