Vodafone stuck to its outlook guns this morning when it released a trading statement that showed data revenue growth far outstripping the increase in dreary old voice.
The UK-based mobile telco said revenues for the quarter ending 30 June were £8.25bn, up 7.5 per cent, or four per cent organically.
Voice revenue was £5.9bn, up six per cent (1.2 per cent organically). Messaging brought in £950m, up 11.6 per cent (9.5 per cent organic), and fixed line and DSL brought in £372m, up 3.9 per cent (10.8 per cent).
While data brought in £452m, this represented a 35.3 per cent jump on the previous year. On an organic basis, data was up 32.2 per cent. The company put the jump down to increased 3G penetration, with the number of devices up 100 per cent on the year.
Voda said the performance was in line with expectations, and reiterated its outlook for the year ending 31 March, 2008, with revenues expected to be between £33.3bn and £34.1bn, with adjusted operating profit of £9.3bn to £9.8bn. Depreciation and amortisation charges will be £5.8bn to £5.9bn. ®