25 Jul 2011

Small rise in revenue reported by Vodafone

12:26 pm on 25 July 2011

Vodafone has seen a small rise in quarterly revenue as weak trading in southern Europe was offset by strong growth in India and Turkey.

Revenue grew 1.5% in the June quarter compared to the same period a year ago, but is lower than the previous March quarter.

Conditions in southern Europe have been challenging due to price cuts, with revenue falling in Italy and in Spain.