LONDON—Vodafone Group said its average revenue per user (ARPU) has begun to stabilize based on its end-September financial figures.
The operator said its total inactive customer base in its controlled subsidiaries at the end of the third quarter was 10 percent. This comprises contract activity levels of 96 percent and prepaid activity levels of 88 percent compared with 96 percent and 87 percent respectively for levels at 30 June, 2001, showing an improvement in prepaid.
In addition, Vodafone reported that data revenues as a percentage of service revenues for its controlled subsidiaries increased to 9.1 percent as of 30 September.
“The continuing stability in ARPU is encouraging, particularly as it is occurring a year before we had anticipated,” said Sir Christopher Gent, chief executive of Vodafone. “The increase in our data indicators confirms we are on track to meet our data revenue targets.”
Microsoft earnings meet estimates
SEATTLE—Microsoft said its profit fell to US$1.28 billion, or US$0.23 a share, compared with earlier earnings of US$2.21 billion, or US$0.40 a share.
It reported a revenue rise to US$6.13 billion from US$5.77 billion last year. The results were in line with market estimates.
