Vodafone's Q1 service revenue rose 5.4%, slowed by Germany decline due to cable TV regulation.
Vodafone's Q1 service revenue rose 5.4%, slowing from the previous three quarters, due to a decline in its biggest market, Germany, caused by changes in cable TV regulation. The company's overall performance is in line with guidance for the full year, with strong growth in Africa and Turkey. Germany service revenue fell 1.5%, while U.K. and other Europe service revenue increased 2% and 1.6% respectively.
July 25, 2024
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