For Vodafone, revenues are still declining but the signs of improvement and recovery are increasingly evident. And in fact, the markets did not fail to reward the stock (+2,2%) which returned above 200 pounds.
In the April-June quarter, the British telecommunications giant, led by Vittorio Colao, recorded revenues down by 4,4%, mainly due to the weakness of European telephony. However, the company is very confident about the immediate future. "Through our commercial action and investments - says Colao - the performance is starting to stabilize quarter on quarter in many of our European markets, with clearly growing customer appetite for 4G services". In addition, there is vigorous growth in demand for data in India.
The Spring investment plan took off quickly and it is for all these reasons that Vodafone was able to easily confirm its targets despite the difficulties of the economic crisis and the telecommunications market.
