Vodafone has most revenue in second quarter of 2007

Vodafone has most revenue in second quarter of 2007

Vodafone generated the most revenue of all the networks during the second quarter of 2007, helped by the most connections and highest spending customers, according to figures published by Ofcom after it collated financial results from the networks last week.

Estimated retail revenue generated by calls, SMS and MMS for the second quarter of 2007 places Vodafone ahead of its network rivals, with a total spend of £967m, compared to £956m for O2 (excluding Tesco Mobile), £776m for Orange and £639m for T-Mobile. The figures exclude 3 which hasn’t published its results.

However, the figures represent a drop of £4m in revenue for Vodafone compared to the same period in 2006.

Vodafone had the highest spending customers, at an average £62.40 during the second quarter of 2007, compared with O2 customers who spent £53.80. Orange customers spent £51.30 and T-Mobile had the lowest spending customers, at an average of £38.10.

Vodafone also made the most connections during the second quarter of 2007 with 1,727,000. T-Mobile had the next highest figure, at 1,688,000, while O2 connected 1,529,000 and Orange 1,360,000.

Despite the new connections for Vodafone, O2 remains the network with the most post and prepay subscribers, with 17,785,000 customers. T-Mobile has the next highest with 16,785,000, while Vodafone had 15,566,000 and Orange 15,165,000 customers.

Written by Mobile Today
Mobile Today

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