{"id":568834,"date":"2010-05-18T12:00:14","date_gmt":"2010-05-18T16:00:14","guid":{"rendered":"tag:contentnext.com,2010-05-18:article\/419-vodafone-sees-healthy-mobile-data-income-but-devalues-indian-business"},"modified":"2010-05-18T12:00:14","modified_gmt":"2010-05-18T16:00:14","slug":"vodafone-sees-healthy-mobile-data-income-but-devalues-indian-business","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/568834","title":{"rendered":"Vodafone Sees Healthy Mobile Data Income, But Devalues Indian Business"},"content":{"rendered":"

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\n\t\t\t\t\t\t\t\t\t\"Vodafone
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Smartphone handsets fueled the money Vodafone (NYSE: VOD<\/a>) makes from internet data to \u00a34 billion<\/strong> ( billion) during its 2009\/10 fiscal year – nearly a fifth more than in the previous year.<\/p>\n

Across that year, group profit rebounded 180 percent to \u00a38.6 billion<\/strong> ( billion), recovering from last year’s \u00a35.9 billion write-off against Turkish and Spanish telcos, on 8.4 percent higher revenue of \u00a344.5 billion.\n<\/p>\n

But Verizon Wireless in the U.S. was Vodafone’s only global geographic constituent to post higher service revenue – in its core Europe, it fell 3.5 percent to \u00a328.3 billion.<\/p>\n

But there’s another writedown hit – Vodafone is knocking \u00a32.3 billion off the value of its Indian operations<\/strong> thanks to “the award of six new national licences in the market one year after our entry and the resulting intense price competition”.<\/p>\n

Funny kind of pessimism – in the big, developing country, Voda attracted 32 million new Indian customers<\/strong> last year alone, taking it up to 72 million and leading income there up 14.7 percent.<\/p>\n

Service revenue in Voda’s native UK dipped 4.7 percent<\/strong> thanks to Europe’s enforced mobile termination rate cut, which is affecting all operators there, and the decline in the last quarter slowed to 2.6 percent.<\/p>\n

Things are maybe looking up – Voda says that last quarter in that year shows the global economic slowdown has “diminished somewhat”<\/strong>, because services income was down “only” 0.2 percent.<\/p>\n

The carrier says 50 million of its 341 million customers are active data users<\/strong>, 31 million of them on mobile internet. And, incidentally, Indian data revenue came in at \u00a3169 million last year.<\/p>\n

Release<\/a> | Slides<\/a> | Financials<\/a>\n<\/p>\n

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Smartphone handsets fueled the money Vodafone (NYSE: VOD) makes from internet data to \u00a34 billion ( billion) during its 2009\/10 fiscal year – nearly a fifth more than in the previous year. Across that year, group profit rebounded 180 percent to \u00a38.6 billion ( billion), recovering from last year’s \u00a35.9 billion write-off against Turkish and […]<\/p>\n","protected":false},"author":705,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,7],"tags":[],"class_list":["post-568834","post","type-post","status-publish","format-standard","hentry","category-mobile","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/705"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=568834"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568834\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=568834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=568834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=568834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}