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Posts Tagged ‘4g’
News, Telecommunications - Wednesday, May 22, 2013 14:08 - 64 Comments
At death’s door:
Vodafone loses 216k more customers
news Vodafone’s global parent in the UK has revealed that its Australian division lost a further 216,000 customers in the first quarter of this year, as indications continue to mount that the ongoing customer outage from the beleaguered telco is accelerating, rather than declining.
Vodafone’s global operation, headquartered in the UK, owns 50 percent of Vodafone Australia, with Hong Kong giant Hutchison Whampoa owning the other half. In financial results published overnight in the UK, Vodafone said that its share of the Vodafone Australia division lost some 108,000 customers in the first three months of 2013. The 50 percent share equation means that Vodafone Australia is likely to have lost a total of 216,000 customers in the period — bringing its total customer headcount as at the end of March to about 6.2 million.
In the Asia Pacific and Middle Eastern regions, Vodafone’s Australian division is the only geography to be heading south, with the rest growing. “Australia continued to experience steep revenue declines on the back of ongoing service perception issues,” the company’s UK parent said in its financial statements. Continue…
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