Vodafone has presented new business figures, which certainly do not cause euphoria in the group. Sales have fallen and the network operator has lost customers in an important business area. In other areas, on the other hand, the figures look more pleasing.

Vodafone

Vodafone: Fewer customers and sales

According to new quarterly figures from Vodafone Germany, service sales at the network operator fell by 0.5 percent compared with the same period last year. In the cable network, Vodafone had to in this country say goodbye to some customerswho prefer to switch to the competition or simply no longer need a classic cable TV offering. According to official figures, Vodafone now has 79,000 fewer customers on the cable network than before.

In the fixed network area, Vodafone speaks of one compared to the same period last year Decrease of 1.6 percent to now 1.59 billion euros. The network operator also has fewer fiber optic cable customers to complain about. The number fell by 34,000 (source: Vodafone Germany).

Clearly it looks better in the mobile sector. Here, Vodafone can point to an increase in sales of 0.8 percent to 1.26 billion euros. According to Vodafone, there was an increase from 2.8 million to a total of over 67.5 million SIM cards. According to the company, the rapid expansion of the 5G network has contributed to its success. According to Vodafone, 55 million people in Germany should be able to access the 5G network, with 5G+ or 5G standalone there are 10 million.

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Vodafone: German business on the right track

According to the British Vodafone Group, the business of the German subsidiary is on the right track. Forecasts for the year as a whole should be met. Before interest, depreciation and taxes comes with a Profit between 15 and 15.5 billion euros expected. According to Vodafone’s Chief Executive Nick Read, “the problems in Germany” should be solved as planned by the end of the summer.