Feeds

Vodafone chortles over blabber bonanza

Smartphone mobe-data geeks still small potatoes

Designing a Defense for Mobile Applications

Vodafone has been cutting costs and increasing profits, resulting in a top end-of-financial-year filing and confident predictions for the future, as long as voice minutes don't continue to decline.

The figures for the year ending March 31st show an annual net profit of £8.65bn for the whole Vodafone group, up from £3.08bn during the previous year. The results are better than Vodafone predicted in February, and much better than it was suggesting last May, thanks to a good start to 2010 and quick implementation of cost-cutting measures.

The profit was raised on a revenue of £44.47bn, up from £41.02bn the previous year. Vodafone is the world's largest mobile operator by revenue, though China Mobile has it beat on customer numbers - more than half a billion compared to Vodafone's still impressive 341 million.

Vodafone operates around the world, but much of the increased revenue is coming from developing markets, with the exception of India where increased competition has driven down revenue. Voice is still what the business is about - only 33 per cent of the company's revenue comes from anything other than mobile voice and a fair proportion of that will be text messages, so data is still small beer worldwide.

In the UK, where the company has been pursuing data users and high-end customers, revenue declined by 4.7 per cent over the year, though that decline was notably slower during the last three months. ®

HP ProLiant Gen8: Integrated lifecycle automation

More from The Register

next story
Scotland's BIG question: Will independence cost me my broadband?
They can take our lives, but they'll never take our SPECTRUM
Bring back error correction, say Danish 'net boffins
We don't need no steenkin' TCP/IP retransmission and the congestion it causes
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
NBN Co adds apartments to FTTP rollout
Commercial trial locations to go live in September
Samsung Z Tizen OS mobe is post-phoned – this time for good?
Russian launch for Sammy's non-droid knocked back
Telstra to KILL 2G network by end of 2016
GSM now stands for Grave-Seeking-Mobile network
Seeking LTE expert to insert small cells into BT customers' places
Is this the first step to a FON-a-like 4G network?
What FTC lawsuit? T-Mobile US touts 10GB, $100 family-of-4 plan
Folks 'could use that money for more important things' says CEO Legere
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.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.