Vodafone Group Plc announces today key performance indicators, presented under IFRS, for the quarter ended 30 June 2005.
The Vodafone Group's ownership in Verizon Wireless is 45.0%. Verizon Wireless recorded net additions of over 1.9 million, the highest level since its formation in April 2000, with the Group's proportionate share at 850,000.
The main highlights are:
*Organic growth of 8.6% in proportionate mobile revenues year on year
*Strong growth in customers with over 4.1 million organic net additions, 35% higher than for the same period last year
*Total proportionate customer base now over 165 million, representing organic growth of 12.3% year on year, and including an additional 6 million customers added in Romania and the Czech Republic through the closing of the TIW transaction
*Additional 1.1 million registered 3G devices, including 1 million consumer 3G devices. Total 3G devices now at 3.3 million, with 2.9 million consumer 3G devices
*Vodafone continuing to differentiate with the launch of several new propositions, including Vodafone Simply and Vodafone Travel Promise
*Over 1.3 billion shares repurchased in the financial year to date at a cost of 1.9 billion Euro
Arun Sarin, Chief Executive of Vodafone, commented: "We have seen strong performances across Europe and in the US, and we continue to focus on improving our business in Japan. 3G is building momentum with over one million more registered devices in the quarter. Vodafone has delivered another impressive quarter of customer growth, with 4.1 million organic net additions. Our proportionate customer base, now over 165 million, has seen organic growth of 12.3% from a year ago. Proportionate mobile revenues were also strong and delivered 8.6% organic growth year on year. Overall these KPIs are in line with our expectations and we are therefore reiterating our guidance for the full year to March 2006."