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Vodafone reaches 200 million customers
Posted: 31-Jan-2007 [Source: London]

[Vodafone announces key performance indicators for Q406 and news its proportionate mobile customer base reached over 200 million by the end of January.]

Vodafone -- Vodafone Group Plc ("Vodafone") today announces key performance indicators for the quarter ended 31 December 2006.

The main highlights are:

Organic growth of 6.1% for the quarter in proportionate mobile revenue, with proportionate growth of 0.9% in Europe and 14.4% in EMAPA. Nine months year to date organic growth in proportionate mobile revenue of 6.1%

On a statutory basis, growth in total revenue for the quarter was 5.1%, with organic service revenue growth of 4.8%

8.7 million proportionate organic net mobile additions for the quarter. Total proportionate mobile customer base at 198.6 million at the end of the quarter after a net reduction of 1.7 million mobile customers from other movements, principally business disposals

Total proportionate mobile customer base over 200 million by the end of January

2.5 million 3G devices added, bringing total 3G device base to 13.6 million. 3G Broadband through HSDPA available across 21 of the Group's markets and partner networks

Completed disposal of interests in Proximus and Swisscom Mobile with net proceeds of Euro 3.1 billion

Continued execution on revenue stimulation and total communications objectives with Vodafone At Home now launched in seven markets, including five offering DSL services, and Vodafone Office available in 11 markets

Execution of core cost reduction programmes, including IT outsourcing, data centre consolidation, supply chain management and network sharing, all on track

Vodafone re-iterates its current year outlook with the financial performance for the quarter and year to date in line with expectations

Arun Sarin, Chief Executive, commented: "These KPIs are very much in line with expectations and show that we are continuing to make progress in executing our strategy. I am also pleased to announce today that we now have 200 million proportionate customers globally and we are grateful for their confidence in us. This is both an important milestone for Vodafone and a great achievement by our people."

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