Companies
First quarter sales drop at Vodafone
The company said its total revenues fell by 4.8 per cent on a reported basis to €10.7 billion
Vodafone has reported a drop in its first-quarter sales after losing customers, despite upping prices.
The company said its total revenues fell by 4.8 per cent on a reported basis to €10.7 billion in the the three months to the end of June.
In Germany, its largest market, Vodafone said a decline in sales was driven by the “cumulative impact of customer losses over the past 18 months”, but partially offset by raising the prices ...