is catching up with O2’s lead after it added 410,000 customers during the
quarter ended December 31, taking its total to 19.1 million UK customers.
operator reported its results for the third quarter today (4 February).
revenue declined by 4.9% to £1.17bn, due to a fall in voice revenue, price
reductions and termination rate cuts effective from July 2009.
the company said the decline had improved on the previous quarter driven by
strong customer additions ‘achieved by the launch of new products and indirect
was 36.9% - 18.1% contract and 51.7% prepaid.
revenue increased by 10.3% to £11.5bn, while Vodafone’s overall customer base
reached 333 million, with 10.3 million net additions during the quarter.
CEO Vittorio Colao,said: ‘Service
revenue trends have improved with continuing growth in our data and fixed line
‘Free cash flow guidance has been
raised reflecting the impact of our cost and working capital reduction
programmes. We are on track to deliver on our strategic priorities in the
current financial year.’