Vodafone results for quarter ended September 2006

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freitasm

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#10298 15-Nov-2006 11:33

Available as pdf: http://www.vodafone.com/assets/files/en/Vf_Group_int2007.pdf

Service revenue growth in the Group’s operations in the Pacific area was impacted by a decrease in New Zealand’s service
revenue due to increased competition and a termination rate cut at the end of the last financial year.

Net addition to quarter ended September 2006: 11,000. Total connections: 2.11 million (76.3% are prepaid accounts).

sbiddle

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#52411 15-Nov-2006 11:52

You really have to wonder how much longer both networks can get *any* new connections! Every teenager has 2 phones now!

sat

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#52414 15-Nov-2006 12:23

freitasm: Available as pdf: http://www.vodafone.com/assets/files/en/Vf_Group_int2007.pdf

Service revenue growth in the Group’s operations in the Pacific area was impacted by a decrease in New Zealand’s service
revenue due to increased competition and a termination rate cut at the end of the last financial year.

Net addition to quarter ended September 2006: 11,000. Total connections: 2.11 million (76.3% are prepaid accounts).

Thats a Whole lot of prepaid

mitsii

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#52434 15-Nov-2006 14:03

satellitesam:
freitasm: Available as pdf: http://www.vodafone.com/assets/files/en/Vf_Group_int2007.pdf

Service revenue growth in the Group’s operations in the Pacific area was impacted by a decrease in New Zealand’s service
revenue due to increased competition and a termination rate cut at the end of the last financial year.

Net addition to quarter ended September 2006: 11,000. Total connections: 2.11 million (76.3% are prepaid accounts).

Thats a Whole lot of prepaid

I would say a reasonable portion of those pre-paid connections are not being used as it takes 12 months for them to disconnect after the last 'top-up' but they have been counted anyway...

sbiddle

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#52439 15-Nov-2006 14:52

mitsii:
I would say a reasonable portion of those pre-paid connections are not being used as it takes 12 months for them to disconnect after the last 'top-up' but they have been counted anyway...

I disagree. Vodafone do this at the end of every financial year (Telecom do the same) so it's already been done this year. I recall somebody telling me after they had done it this year there had been something like 30000 disconnections in total this year and around the same last year. That's a pretty small % of their total customer base.

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#52440 15-Nov-2006 14:59

It's interesting to see that the Pacific is still very much a cash cow for Vodafone. I'm sure all the Vodafone employees on here will be looking forward to another big xmas party and bonus they have obviously had a very good year!

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#52441 15-Nov-2006 15:37

mitsii: I would say a reasonable portion of those pre-paid connections are not being used as it takes 12 months for them to disconnect after the last 'top-up' but they have been counted anyway...

In the report it advises only connections are counted that have been used in the last 90 days

[Moderator edit (MF); no need to quote everything]

mitsii

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#52449 15-Nov-2006 16:08

johnr: In the report it advises only connections are counted that have been used in the last 90 days

I see, that would make it more accurate.

[Moderator edit (MF); no need to quote everything]