Vodafone Spain billed 974 million euros in the third fiscal quarter –Between October and December–, 0.3% more than 971 million euros According to the company’s accounts submitted this Monday, it entered the same period last year.
The operator recorded revenue from the service 848 million euros, i.e. 1.16% less While more than 858 million euros were generated between October and December 2022, the ‘other income’ section increased by 11.5% to 126 million euros, compared to the previous year’s figure of 113 million euros.
“Income from services in Spain, continued price competition in the value customer segment, a smaller customer base and a decline in mobile tariffs. “This was partially offset by the positive contribution of inflation-related price increases implemented in January 2023 and increased trading revenue during the quarter,” he explained.
Vodafone announced on October 31 that it had reached a binding agreement with the British fund Zegona on the sale of 100 percent of Vodafone Spain for 5 billion euros.
The operation is expected to take place in the first half of 2024. “Proceeding as planned” and has gone through various administrative procedures, although it still needs to be authorized by the Government.