Vodafone Q3 2014/15 results: Recovery continues, especially in the UK
5 February 2015
Vodafone Europe’s service revenue growth continued to recover into its Q3, with the growth of -2.7% a further improvement of over 2ppts
This was largely driven by improved subscriber numbers, with contract ARPU in general still falling, although in the UK it notably returned to growth, with the pending consolidation bringing both threats and opportunities
Vodafone’s Project Spring investment appears to be bringing benefits before it is even halfway complete, boding well for its future impact