Feeds

Data makes the tills ring at Vodafone

Chalks up £1bn in six months

Boost IT visibility and business value

Vodafone made £1bn from data in the six months to September this year, with data revenue up 48.8 per cent across the group, and 40.8 per cent in Europe alone.

The figures come from the company's six monthly financial report, which shows things are going swimmingly for the world's largest mobile phone operator.

In Europe, revenue is up two per cent, despite price cuts averaging 19 per cent, as cheaper services are driving more usage. Calls are up 24 per cent and messaging up 8.6 per cent.

Overall, the company brought in £17bn, up nine per cent on the previous six months, and the firm is predicting to hit £35bn by the end of the financial year. From that revenue it plans to extract more than £9.5bn profit, though after projected expenses of £5bn, including £1bn for expansion into India, it'll be left with about £4.5bn to put in the bank.

The figures are good, and that's reflected in a jump of 3.5 per cent in the Vodafone share price, and increased confidence in chief executive Arun Sarin. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
UK fuzz want PINCODES on ALL mobile phones
Met Police calls for mandatory passwords on all new mobes
Don't call it throttling: Ericsson 'priority' tech gives users their own slice of spectrum
Actually it's a nifty trick - at least you'll pay for what you get
Three floats Jolla in Hong Kong: Says Sailfish is '3rd option'
Network throws hat into ring with Linux-powered handsets
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
Fifteen zero days found in hacker router comp romp
Four routers rooted in SOHOpelessly Broken challenge
New Sprint CEO says he will lower axe on staff – but prices come first
'Very disruptive' new rates to be revealed next week
US TV stations bowl sueball directly at FCC's spectrum mega-sale
Broadcasters upset about coverage and cost as they shift up and down the dials
Tech city types developing 'Google Glass for the blind' app
An app and service where other people 'see' for you
Canadian ISP Shaw falls over with 'routing' sickness
How sure are you of cloud computing now?
UK mobile coverage is BETTER than EVER, networks tell Ofcom
Regulator swallows this line and parrots it back out at us. What are they playing at?
prev story

Whitepapers

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.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
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.