Rivals’ deals hit Vodafone’s UK revenues
Mobile phone giant Vodafone revealed yesterday it was losing out to rivals offering “unlimited” deals as it posted a fall in UK revenues.
The group reported a 0.8% drop in underlying UK revenues to £1.2billion for the three months to June 30, against growth of 1.1% the previous quarter.
It blamed the fall on wider economic woes as customers cut down on their mobile phone usage and “significant” competition from rivals as they step up efforts to attract customers.
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