LONDON :Vodafone reported an acceleration in first-quarter top line growth on Monday, driven by strong demand in Britain and improvements in Germany, Italy and Spain, marking a positive start for new chief executive Margherita Della Valle.
He will replace Della Valle who took on the top job permanently in April. She said on Monday that service revenue had improved"across almost all of our markets", as it reported a 3.7 per cent rise for the group. Growth in service revenue in Britain, where Vodafone announced the merger of its operation with Hutchison's rival network Three last month, accelerated to 5.7 per cent, boosted by strong growth in consumer and annual price increases.
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