STOCKHOLM: Vodafone Group Plc, the second-largest mobile-phone company by customers, reported service revenue that showed a rebound in Europe and said growth in Africa and Asia was supported by strong demand for mobile voice and data services.
Service revenue, the money the Newbury, England-based company gets from customers’ plans and traffic on its network, rose 1.4% on an organic basis in the third quarter ended December, Vodafone said in a statement yesterday. That’s the sixth consecutive quarter of improvement, and matched the average prediction of growth based on analyst estimates compiled by Bloomberg.
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