Vodafone signs up 4.1M users in 1Q
Vodafone Group PLC, Europe's largest mobile phone company, said Monday that it signed up 4.1 million users in the first quarter of this financial year, ahead of forecasts and up 35 percent on a year ago. Vodafone said its global subscribers now number more than 165 million because of interest from continental Europe, the United States and Africa. The company said that customer growth helped drive internal revenue growth of 8.6 percent during the quarter to June 30, leading the company to reiterate its full-year guidance for revenue growth of between 6 percent and 9 percent. It also added 1.1 million third generation, or 3G, phones during the quarter, taking the total to 3.3 million.
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