Tuesday, 17 May 2016

Vodafone India Announces its Full Year Financial Results

By 121 News

Chandigarh 17th May:- Vodafone India, one of the leading total telecommunication service providers in the country announced its Full Year financial results(IFRS) for the year ended March 31, 2016.

Sunil Sood, Managing Director and CEO, Vodafone India commented that we continue to deliver healthy double digit underlying revenue growth of 10% and a healthy EBITDA margin. There is a strong uptake in data and our usage has gone up 63% YoY. Last year, we also embarked on an ambitious initiative to invest, modernize and expand our network to launch Vodafone SuperNet TM –providing a seamless voice and data experience for our customers. Shortly, our 4G services will be available in 1000 towns across 9 circles in India. We remain committed to fulfil the evolving needs of our customers and leverage our global experience plus rich understanding of India to play a meaningful role in enabling Digital India.

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