{"id":428773,"date":"2011-05-23T16:23:25","date_gmt":"2011-05-23T16:23:25","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-group%e2%80%99s-financial-year\/"},"modified":"2011-05-23T16:23:25","modified_gmt":"2011-05-23T16:23:25","slug":"vodafone-ghana-service-revenue-performs-well-in-groups-financial-year","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/","title":{"rendered":"Vodafone Ghana service revenue performs well in Group\u2019s financial year"},"content":{"rendered":"<div readability=\"91.8447204969\">\n<p>You Are Here: <a href=\"http:\/\/www.ghanabusinessnews.com\">Home<\/a> \u00bb <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/ict\/\" title=\"View all posts in ICT\" rel=\"category tag\">ICT<\/a>, <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/lead-story\/\" title=\"View all posts in Lead Story\" rel=\"category tag\">Lead Story<\/a> \u00bb Vodafone Ghana service revenue performs well in Group\u2019s financial year<\/p>\n<div>\n<p><span>Page last updated at Monday, May 23, 2011 16:16 PM \/\/ <\/span><\/div>\n<p><a href=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/01\/vodafone.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1709\" title=\"vodafone\" src=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/01\/vodafone.jpg\" alt=\"\" width=\"248\" height=\"210\" \/><\/a>Vodafone Ghana, a subsidiary of UK\u2019s Vodafone Plc, has recorded an impressive performance on the Group\u2019s operations during its financial year 2010.<\/p>\n<p>According to the Group\u2019s financial statement which was published on its website May 17, 2011, Vodafone Ghana recorded a service revenue growth of 21% which according to the statement was as a result of competitive tariffs and improved brand awareness.<\/p>\n<p>\u201cIn Ghana service revenue growth of 21.0% was supported by competitive tariffs and improved brand awareness\u201d, the Group\u2019s 2010 financial results said.<\/p>\n<p>This represents organic growth which presents performance on a comparable basis, both in terms of merger and acquisition activity and foreign exchange rates, Vodafone Plc says.<\/p>\n<p>The Ghanaian subsidiary also contributed to the organic basis earnings before income tax depreciation and amortization (EBITDA) which grew by 7.5%.<\/p>\n<p>The statement also indicated that EBITDA increased by 5.1% driven by growth in Ghana, New Zealand and Qatar.<\/p>\n<p>Vodafone Plc sees Ghana, India, Vodacom, Egypt, Turkey, Qatar and Fiji as new emerging markets.<\/p>\n<p>For instance, statistics provided in the financial statement show that Vodafone Ghana mobile phone subscribers rose from 2.78 million in January 1, 2011 to 3.04 million as at March 31, 2011.<\/p>\n<p>The Group\u2019s total number of mobile customers as at March 31, 2011 was 370,884,000 with 78% of the number being prepaid customers. The Group customers represent subsidiaries on a 100% basis and joint ventures (being Italy, Poland, Australia and Fiji) based on the Group\u2019s equity interests.<\/p>\n<p>The fourth quarter of Vodafone\u2019s financial year recorded 2.5% of revenue growth driven by a strong AMAP performance of +11.8%.<\/p>\n<p>Africa, Middle East and Asia Pacific generated revenue of \u00a312.2 billion representing 20% of the Group\u2019s revenue.<\/p>\n<p>Free cash flow was \u00a37.0 billion which according to the company was consistent level of capital expenditure and strong working capital performance.<\/p>\n<p>By Ekow Quandzie<\/p>\n<hr\/>\n<p>| | <a href=\"http:\/\/twitter.com\/home?status=Currently%20reading%20http:\/\/www.ghanabusinessnews.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-group%E2%80%99s-financial-year\/\" title=\"Click to send this page to Twitter!\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a> | <\/p>\n<hr\/>\n<h4>Comments<\/h4>\n<\/div>\n<p>Go here to read the rest:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.ghanabusinessnews.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-group\u2019s-financial-year\/\" title=\"Vodafone Ghana service revenue performs well in Group\u2019s financial year\" rel=\"noopener noreferrer\">Vodafone Ghana service revenue performs well in Group\u2019s financial year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> You Are Here: Home \u00bb ICT , Lead Story \u00bb Vodafone Ghana service revenue performs well in Group\u2019s financial year Page last updated at Monday, May 23, 2011 16:16 PM \/\/ Vodafone Ghana, a subsidiary of UK\u2019s Vodafone Plc, has recorded an impressive performance on the Group\u2019s operations during its financial year 2010. According to the Group\u2019s financial statement which was published on its website May 17, 2011, Vodafone Ghana recorded a service revenue growth of 21% which according to the statement was as a result of competitive tariffs and improved brand awareness<\/p>\n","protected":false},"author":0,"featured_media":417454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-428773","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vodafone Ghana service revenue performs well in Group\u2019s financial year - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Vodafone Ghana service revenue performs well in Group\u2019s financial year - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb ICT , Lead Story \u00bb Vodafone Ghana service revenue performs well in Group\u2019s financial year Page last updated at Monday, May 23, 2011 16:16 PM \/\/ Vodafone Ghana, a subsidiary of UK\u2019s Vodafone Plc, has recorded an impressive performance on the Group\u2019s operations during its financial year 2010. According to the Group\u2019s financial statement which was published on its website May 17, 2011, Vodafone Ghana recorded a service revenue growth of 21% which according to the statement was as a result of competitive tariffs and improved brand awareness\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Vodafone Ghana service revenue performs well in Group\u2019s financial year\",\"datePublished\":\"2011-05-23T16:23:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/\"},\"wordCount\":343,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/\",\"name\":\"Vodafone Ghana service revenue performs well in Group\u2019s financial year - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2011-05-23T16:23:25+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Vodafone Ghana service revenue performs well in Group\u2019s financial year - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/05\/23\/vodafone-ghana-service-revenue-performs-well-in-groups-financial-year\/","twitter_card":"summary_large_image","twitter_title":"Vodafone Ghana service revenue performs well in Group\u2019s financial year - Ghanamma.com","twitter_description":"You Are Here: Home \u00bb ICT , Lead Story \u00bb Vodafone Ghana service revenue performs well in Group\u2019s financial year Page last updated at Monday, May 23, 2011 16:16 PM \/\/ Vodafone Ghana, a subsidiary of UK\u2019s Vodafone Plc, has recorded an impressive performance on the Group\u2019s operations during its financial year 2010. 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