Vodafone says close to returning to growth in Germany
LONDON: Vodafone said it is close to returning to growth in Germany, its biggest market, as the mobile operator reported a tick up in first-quarter group organic service revenue growth.
Vodafone has struggled in Germany since it was tripped up by a change in the rules on selling cable television to apartments.
Its performance there is, however, on an improving trajectory. While first-quarter organic service revenue growth in Germany fell 3.2%, this was an improvement on the previous quarter’s 6.0% decline.
