Feeds

Vodafone chortles over blabber bonanza

Smartphone mobe-data geeks still small potatoes

Eight steps to building an HP BladeSystem

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. ®

Securing Web Applications Made Simple and Scalable

More from The Register

next story
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
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?
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
prev story

Whitepapers

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.
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 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.