Earnings

Vodafone reports sixth quarter of growth as recovery takes hold

Mobile phone company Vodafone met expectations with a 1.4 percent rise in revenue in its third quarter, its sixth consecutive quarter of growth, as recovery in Europe gained pace.

The world's second-largest operator reported organic service revenue of £9.2 billion ($13.4 billion), in line with analyst forecasts, on Thursday and said it was on track to deliver full-year core earnings of between £11.7 billion and £12.0 billion.


Attendees visit the Vodafone Group pavilion at the Mobile World Congress in Barcelona, Spain, March 4, 2015.
Simon Dawson | Bloomberg | Getty Images

Earlier this week, Vodafone said it had restarted talks with Liberty Global, the cable company it was considering joining forces with last year to offer more packages of TV, broadband and mobile in European markets.

This time, however, it said the talks were limited to the Netherlands.

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