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Vodafone emerges from recession - graduate jobs

Fri 23rd Jul 2010, 02:25PM   about second-jobber.com news.

Vodafone has reported revenues have grown for the first time since the recession, which may be of interest to graduates who are looking for a career in the telecommunications industry.

Due to further growth in in new markets and strong sales of smartphones, including the iPhone, the mobile phone giant reported a rise of 1.1% to £10.6 billion in the second quarter. The firm became the third network in the UK to offer the iPhone at the start of this year.

A rise of 0.7% to £1.19 billion in the quarter to June 30 for the Berkshire-based firm's domestic business was the third successive improvement in revenues trends.

Chief executive Vittorio Colao said that the results are due to a "strong growth" and focusing on key areas. He continued:: "These are the first quarterly results to show service revenue growth since the global recession impacted.

"We have achieved these results through our continuing commercial approach in key European markets, focusing especially on data, and from strong growth in emerging markets."