Access "Vodafone blames southern Europe as revenues plummet 7.4%"
This article is part of the December 2012 issue of Realise the benefits of virtualisation in safety
Vodafone has reported a significant downturn in revenues for the first six months of fiscal year 2012, with much of the blaming the markets in southern European countries. Revenues for the group were down 7.4% year on year to just under £21.8bn. But in southern Europe revenues for the period dropped 17.5% to slightly shy of £5.4bn. Vodafone didn’t break down all of the countries in this section, but revealed that Spain and Italy were the worst offenders when it came to service revenues, dropping 19.3% and 18.1% respectively compared to 2011. "We have continued to make progress on our strategic priorities over the last six months, with good growth in data and emerging markets in particular,” said Vittorio Colao, CEO of the Vodafone Group. “In the short-term, however, our results reflect tougher market conditions, mainly in southern Europe. “We remain very positive about the longer-term opportunities and our Vodafone 2015 strategy reflects our confidence in the future.” Key aspects of the Vodafone 2015 plan include a focus on unified communications in ... Access >>>
Premium Content for Free.
Seeking nirvana: virtualisation without security risk
by Warwick Ashford
With a virtual infrastructure, finding a harmonious balance between cost-saving and safety is a vital task
- Seeking nirvana: virtualisation without security risk by Warwick Ashford
German public sector firm BAG beat data woes with storage virtualisation
by Archana Venkatraman
German Federal Office for Freight Transport - BAG - found a solution to its data management problems in storage virtualisation
Renegotiating outsourcing contracts to fit new reality
by Karl Flinders
Organisations in many sectors seek to renew the terms in their contractual agreements as they adjust to the economic climate
Global taskforce for datacentre energy efficiency pick three new metrics
by Archana Venkatraman
In addition to PUE, datacentre operators have three new metrics – Green Energy Coefficient (GEC), Energy Reuse Factor (ERF) and Carbon Usage Effectiveness (CUE)
Customer understanding drives investment in big data analytics
by Brian McKenna
Better customer understanding is the main motivation for big data programmes, survey finds
Vodafone blames southern Europe as revenues plummet 7.4%
by Jennifer Scott
Vodafone reports revenues down 7.4% year-on-year for the first half of the fiscal year, blaming weak markets in southern Europe for the drop
- German public sector firm BAG beat data woes with storage virtualisation by Archana Venkatraman
More Premium Content Accessible For Free
The state of email trust in 2014
Email security improved in 2014 but most companies still haven't done enough to protect their customers from phishing attacks, this study from Agari ...
Strategies for the age of digital disruption
Disruption can happen at any time, in any sector, and its effect on traditional organisations can be fundamental. Capgemini offers some strategic ...
Bridging the big data divide: Part two
As the big data era takes hold, it is time to sit down with the business and sort out what IT can do to provide a fully supportive data platform for ...