Vodafone India is the jewel among Vodafone Group’s telecom businesses with the country posting the highest 13.2 percent organic growth. 2G and 3G data assisted for the growth.
Also, India is the only region / country to show double digit organic growth in the third quarter of fiscal 2014.
Besides India, Vodafone posted 5 percent organic revenue growth in AMAP, Turkey revenue rose 3.9 percent, while Vodacom grew 3.5 percent.
Vodafone Europe pulls down
Otherwise, Vodafone had a tough time.
Vodafone Group Q3 Group organic service revenue declined 4.8 percent, it said on Thursday.
With 9.6 percent dip in revenue, Europe contributed its poor performance with revenue in the U.K. decreasing 5.1 percent, Germany dipping 7.9 percent, Spain falling 14.1 percent and Italy decreasing 16.6 percent.
Vodafone Group plc has also started gaining from 4G.
Its 4G services are available in 13 countries and it has around 2 million 4G Red customers in Europe. Data consumption has increased significantly, with customers using on average double the amount of a 3G plan. Group data usage grew 64 percent year-on-year, with Europe up 44 percent, and AMAP up 110 percent.
It did not gain much from its enterprise business. Vodafone Global Enterprise grew 4.5 percent. It won several new contracts including Premier Foods for an integrated communications platform.
Vodafone’s machine-to-machine (M2M) revenue grew 30 percent.
Vodafone India performance
Service revenue increased 13.2 percent driven by continued customer growth, higher voice usage, improved voice pricing and increased data usage. Mobile customers increased by 4.9 million during the quarter giving a closing customer base of 160.4 million at 31 December 2013, up 8.8 percent on last year.
Vodafone India said data usage grew 117 percent, primarily due to a 38 percent increase in mobile internet users and a 65 percent increase in usage per customer. At 31 December 2013 active data customers totalled 45.7 million, including 5.2 million 3G subscribers.
