Vodafone revenue drops to €11.2 billion in Q3

Vodafone Group said it reported revenue of €11.201 billion in Q3 fiscal 2021 as compared with €11.750 billion in Q3 fiscal 2020.
Vodafone LTE network
“Our networks have delivered another quarter of record data traffic as many countries continue to endure COVID-19 lockdowns and customers depend on our services,” Vodafone CEO Nick Read said in a statement.

Vodafone does not reveal its Capex.

Vodafone said its investments in digital platforms have led to an increasing share of digital sales, with 50 percent of new iPhone sales in the UK completed digitally.

The MyVodafone app has 40 million customers and receives 500 million visits per month.

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