Thursday, February 2, 2017

The revenues of Vodafone Portugal rise to 2% until December – Jornal de Negócios – Portugal

The Vodafone Portugal closed the third quarter of its fiscal year, ended in December with total revenue of 250 million euros. A value that represents an increase of 2% compared to the same period of 2015, according to the press release issued by the carrier this Thursday, 2 February.

Taking into account only the income from services, excluding the sale of equipment, for example, the operator reached 227 million euros, an increase of 2.2% compared to the same period last year.

“This performance reveals a positive evolution of the main indicator of business for the fifth consecutive quarter”, underlines the company led by Mario Vaz.

This performance was driven by growth in the customer base of the fixed service in 20% to 571 thousand, “and in particular of subscription TV, in which Vodafone is the operator that the fastest growing for 12 consecutive quarters,” according to the statement.

This growth has been accompanied by investment in the expansion in the fibre optic network at the end of December reached 2.6 million homes.

Already on mobile the trend continues to be downwards, with the carrier to record a decrease in the total number of clients by 2.6% to 4.7 million.

The carrier stresses, however, that “the number of customers 4G surpasses 1.2 million, the result of an increase of 89%” compared with the same period of 2015.

This growth was due, in large part, to the Christmas campaign launched in November, in which Vodafone offered to free communication in the days 24 and 25 December, as well as discounts on equipment 4G”.

For Mário Vaz, president and ceo of the operator, these results indicate that the Vodafone Portugal “continues to move in the correct direction. In a sector increasingly competitive and convergent, Vodafone has surprised continuously to its customers, introducing innovative products and services and playing an increasingly important role in the TV strategy of the Vodafone Group,” he adds.


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