the company reiterated its outlook year Vodafone has experienced growth small quarterly revenues from service as weak trading southern Europe was offset by strong growth in the India and Turkey.Revenue in the June quarter grew 1.5% in the year, but it was above the growth of 2.5 per cent in the previous quarter.
Conditions in the South of Europe had been "difficult" because of the price reductions, with revenues of 1.5 per cent in Italy and nearly 9.9% in Spain.
But Turkey had growth 32.1% and 16.8% India.
Regulatory changes in Europe also affected the trade of Vodafone, with some national regulators which reduce mobile termination rates - the rates of an operator to receive a so-called cobra network which made the call to complete the call.
"We have made a good start of the year, reporting solid results despite the difficult macroeconomic conditions in the economies of the South of Europe and the impact of the cuts to mobile termination rates," said Chief Executive Vittorio Colao.
The company also confirmed its Outlook for the full year, which previously noted as an adjusted operating profit of ￡ 11bn and. 8bn ￡ 11.
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