Vodafone on the road to recovery
After years of bleeding money and mobile subscribers, Vodafone Australia may finally be turning the corner.
In 2014, the company lost a massive $603.6 million dollars and 46,000 mobile customers. The companies revenue has fallen 1.6 percent on an turnover of $3.48 billion. As big as this sounds, it’s actually a huge improvement on the previous few years and may mean that Vodafone is finally on the road to recovery. Vodafone loss a massive 1.23 million subscribers in 2013 mostly due to network failures which caused disgruntled customers to jump ship.
The huge losses were attributed to 2013 and a huge improvement is expected this year. The company has reported that it now has 5.302 million subscribers. There are now some encouraging signs that may indicate that Vodafone will finally report an increase in the number of subscribers.
The nation’s biggest carrier, Telstra, reported another rise in the number of subscribers reaching a massive 16.4 million users. Second placed Optus reported a slight decline in the number of users.
Vodafone is now offering some great deals on their plans with a Vodafone coupon giving you even more value on your mobile purchase.