Leading global mobile operator Vodafone has announced that it now has over 100 million customers. It also says that worldwide customer growth held up in the quarter to December 31.
The news, coming ahead of a more detailed set of numbers for Vodafone’s fiscal Q3 next week, is a positive sign from a sector that has shown signs of trouble lately. Components manufacturers Balda and Filtronic have both reported slowing sales, and the big three handset makers Motorola, Nokia and Ericsson are all expected to announce downbeat results this week.
Vodafone CEO Sir Christopher Gent told the press, In this financial year overall, customer growth has been stronger than anticipated, and the recent Christmas quarter additions were in line with our expectations.