Top Story


Home >> Marketing >> Article

Vodafone India's organic service revenue shoots up 15%

Font Size   16
Vodafone India's organic service revenue shoots up 15%

Vodafone has released its interim management statement for the quarter ending December 31, 2014.

Vodafone India’s organic service revenue increased 15 per cent against 13.2 per cent in Q2, with an acceleration in quarterly revenue trends driven by data uptake and customer growth.

Data revenue continued to grow strongly, with mobile internet revenue up 70 per cent. This was supported by 30 per cent growth in data customers to 59 million, of which 16.6 million were 3G, and 40 per cent growth in average data usage per customer. Voice rates per minute remained flat, with average minutes of use down 6.6 per cent. The total number of mobile customers increased to 4.8 million in the quarter, giving a closing customer base of 178.7 million.

The telecom operator continued making good progress on Project Spring with 5,500 radio sites added in the quarter (26,000 since the build commenced) taking its 3G outdoor coverage in targeted urban areas to 90 per cent. The expansion of Vodafone’s retail store footprint also remained on track. M-Pesa continued expanding and now has 337,000 active customers, generating 78,000 transactions per day, supported by over 85,000 agents.

Tags Vodafone India

Arati Singh, Channel Head, NDTV Good Times, opens up on how she loves to go on adventurous trips on a typical weekend.

In week 9 of BARC ratings, the channel led the lifestyle space with 1206 million impressions followed by TLC, FYI TV18, Food Food and Fox Life

During his brief visit to India, Ronen Mense, Vice- President- Asia, AppsFlyer, spoke to exchange4media about app marketing and the new trends one can witness in mobile marketing.

Neha Kulwal, CEO, Admitad, talks about the future of affiliate marketing and the company's growth over the years

Recap brings you a round up of the important stories that made headlines this week.

Powered by advertising technology expert Yospace, Akamai’s Dynamic Ad Insertion is designed to help content providers offer greater monetization opportunities through online advertising, while maintai...

The second season of the show takes viewers on a profound journey to the homes of their favorite celebrities such as cricket icon Saurav Ganguly and Bollywood actors Sushant Singh Rajput, Radhika Apt...