The operators continue to be examined with the presentation of their financial results that allow us to know the progress of the business both in the first quarter and throughout the last fiscal quarter. In the case of Vodafone, service revenues reached 3,788 million euros, a decrease of -2.8% in organic, while the EBITDA it grew 3.4% compared to the previous year. For its part, total revenues reached 4,166 million euros. If we focus on the first quarter of the year (fourth fiscal quarter) we see that revenues reached 951 million euros, decreasing by -1.3% in organic.
Vodafone financial results Q1 2021
Leaving aside the purely economic figures, we are going to review the evolution of commercial activity. Vodafone explains that this, although positive, has been impacted by the rise of low-cost operators. In relation to mobile contract clientsThese grew by 70,000 to a total of 11.4 million. The broadband customer base already reaches 3.2 million with 21,000 more in the last year.
The TV it also increases its customer base by acquiring 156,000 new subscribers for a total of 1.6 million. Finally, the virtual Vodafone, that is, Lowi, continued to bring joy to the red company with 236,000 new customers throughout the year. In total, Lowi already has 1.2 million clients.
From Vodafone they confirm that “The measures recently announced by the Government in the field of telecommunications are steps in the right direction to achieve a more sustainable sector that facilitates the economic viability of the new investment cycle necessary for the development of 5G infrastructures, keys to recovery and digital transformation of the economy ”.
Precisely, they are the only company that has deployed only 5G NSA and it has not used techniques such as DSS to reach the largest number of households. This, added to the fact that its 90 MHz in the 3.5 GHz band are contiguous, it can offer the maximum speed in 25 cities: Benidorm, Badajoz, Alicante, Murcia, Palma de Mallorca, Valladolid, Madrid, Barcelona, Valencia, Seville, Malaga , Zaragoza, Bilbao, Vitoria, San Sebastián, Coruña, Vigo, Gijón, Pamplona, Logroño, Santander, Toledo, Castellón, Santa Cruz de Tenerife and Las Palmas de Gran Canaria.