18% jump in profits for Vodafone

5 Oct 2005

Vodafone New Zealand has reported an 18% rise in full-year net profits to NZD182 million, up from NZD154 million in 2003/04. In the twelve months to the end of March Vodafone had revenues of NZD1.2 billion, up from NZD1.07 billion, thanks partly to a net gain of 284,187 new subscribers. Vodafone is New Zealand’s largest mobile operator, with 1.93 million customers and a 54.6% market share at the end of June.

New Zealand, Vodafone New Zealand