Vodafone Ireland records €935.8M revenue in Q4 2015

May 19, 2015: The British telecom giant Vodafone reported €935.8 million in revenues in Ireland in fourth quarter of this calendar year, down by 2.6 percent year-on-year. But, company has some surprising growth in their subscribers base, 1.3m of 2.3m of their consumers now own smartphones.
The company in its preliminary Q4 results reported that out of 2.3m Irish customers at present, 2m were mobile customers. The fixed-line voice and broadband customer base grew by approximately 10 percent, from 25,700 to 282,300. And the enterprise revenues grew by 4 percent, the rise in this part of business is largely due to the company's winning new contracts from large firms like Ryanair.

Vodafone Ireland CEO Anne O'Leary said:

"In a highly competitive market, our performance demonstrates a continued improvement in trends during the year proving the effectiveness of our strategy which is to become the total communications provider of choice in the Irish market,"

She further adds, "As part of that strategy, we have seen growth in our enterprise revenues and continued migration in our customer base from pay-as-you-go to contract subscriptions thus delivering value added services to our customers."

As reporter by IrelandTechnologyBlog last week, Vodafone has teamed up with ESB to form Siro in a €450 fiber-to-the home joint venture, which aims to bring broadband to 50 towns across Ireland.

Source:SiliconRepublic.com

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About Mohammed Rizwan

An Electronics Engineer by education, a part-time blogger by passion. He loves everything about technology, hence he writes about it. Interest includes Technology, Startups and Mobile Applications.
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