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Vodafone Ireland revenue dips on lower charges, rising competition

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Revenues at Vodafone Ireland fell almost 3 per cent as inter-operator revenues fell and competition continued in the pay-as-you-go market.

Revenues were €935.8 million in the year to March 31st 2015, a 2.6 per cent decline compared with the previous period.

But the operator, which has around 2 million mobile customers, said contract subscriptions rose by 4.7 per cent year-on-year, and enterprise revenues increased by 4 per cent. as Vodafone signed deals with large companies, including Ryanair.

Eircom poised to return to growth, bringing it closer to a flotation Profits down 14.5% at Vodafone Ireland

Fixed line voice and broadband customers also showed growth, rising 10 per cent year on year to 282,300.
The number of smartphones on the company’s network continued to rise, with 1.3 million devices now on Vodafone Ireland. That helped fuel a 77 per cent increase in data usage on the network, along with a nationwide investment in 3G, 4G and 4G+ networks throughout the State.

Irish Times

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