UPDATED: Vodafone upbeat on turnaround despite more customer losses

Number-three telco loses 137,000 customers in six months

Vodafone has blamed “stiff competition” and a saturated market for the loss of 137,000 more customers in the six-month period ended 30 June.

But Australian analysts have pointed instead to what they described as a failing turnaround strategy and a scarred brand.

Vodafone ended the half with 5.2 million mobile customers, a 13.6 percent decline from the year before, according to financial results released today by Hutchison Telecommunications Australia Limited (HTAL), which owns half of Vodafone Hutchison Australia.

Register or Login to continue

This article is only available for subscribers. Sign up now for free and get free access to premium content from ARN, CIO, CSO, CMO, Computerworld, and PC World.

[[ message ]]
Or
[[ message ]]

Tags mobileVodafoneTelcofinancial resultsearningstelecom

More about BillHutchisonOptusVHAVodafone

Show Comments
[]