Vodafone sees signs of recovery after another torrid quarter


Vodafone branding is seen outside a retail store in London November 12, 2013. REUTERS/Toby Melville/File Photo

LONDON: Britain's Vodafone said it was finally seeing early signs of a turnaround due to a growing number of customers and the take-up of more expensive 4G services, following yet another torrid quarter hit by fierce competition in Europe. 

The world's second-largest mobile operator has reported record falls in underlying revenue in the last 18 months, due also to regulator-imposed price cuts and European consumers reducing the number of calls they made during the recession. 

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Vodafone , Britain , telco , results

   

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