{"id":31498,"date":"2023-07-29T16:15:54","date_gmt":"2023-07-29T16:15:54","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=31498"},"modified":"2023-07-30T14:40:02","modified_gmt":"2023-07-30T14:40:02","slug":"vodafone-take-steps-to-turnaround-with-top-notch-ideas","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas","title":{"rendered":"Vodafone take steps to turnaround with top notch ideas"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, Italy and Spain, marking a positive start for new Chief Executive Margherita Della Valle\u2019s turnaround plan.<\/b><\/p>\n<p>The European and African telecoms group also said it had appointed former SAP chief financial officer, Luka Mucic, to the same role at Vodafone, beginning on Sept. 1.<\/p>\n<p>He will replace Della Valle, who was appointed to the top job permanently in April with a remit to reduce complexity, fix problems in its largest market, Germany, and deliver the basics for customers.<\/p>\n<p>She said on Monday that organic service revenue had improved \u201cacross almost all of our markets\u201d, as it reported a 3.7% first-quarter rise. \u201cWe\u2019ve taken the first steps but of course we have much more still to do,\u201d she told reporters.<\/p>\n<p>Shares in Vodafone, which have fallen 43% in the last 12 months, rose 4.7% in early deals.<\/p>\n<p>The decline in service revenue in Germany more than halved quarter-on-quarter to 1.3%, as price rises partially offset the impact of customer losses over the last 18 months.<\/p>\n<p>Della Valle said she expected \u201congoing gradual improvement\u201d in the country.<\/p>\n<p>Growth in service revenue in Britain, where Vodafone announced the merger of its operation with Hutchison\u2019s rival network Three last month, accelerated to 5.7%, boosted by strong growth in consumer and price increases.<\/p>\n<p>In Italy, improved demand from businesses helped reduce the service revenue decline to 1.6%, from 2.7% in the previous quarter, it said, while Spain saw a smaller improvement to a decline of 3.0% from 3.7%.<\/p>\n<p>Della Valle said a strategic review of Spain initiated in May was already driving better performance, but the market needed structural change. \u201cWe are considering a range of options,\u201d she said.<\/p>\n<p>Vodafone UK Chief Executive Ahmed Essam, who will lead the combined operator, said the company was having early discussions with the antitrust regulator before filing the case in the next few weeks.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, Italy and Spain, marking a positive start for new Chief Executive Margherita Della Valle\u2019s turnaround plan. The European and African telecoms group also said it had appointed former SAP chief financial officer, Luka Mucic, to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":31497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,237,234],"class_list":["post-31498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vodafone take steps to turnaround with top notch ideas - Botswana<\/title>\n<meta name=\"description\" content=\"Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, I ...\" \/>\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.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vodafone take steps to turnaround with top notch ideas\" \/>\n<meta property=\"og:description\" content=\"Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, I ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-29T16:15:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-30T14:40:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/07\/sm_1690626034.887738.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Vodafone take steps to turnaround with top notch ideas\",\"datePublished\":\"2023-07-29T16:15:54+00:00\",\"dateModified\":\"2023-07-30T14:40:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas\"},\"wordCount\":335,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/07\/sm_1690626034.887738.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/vodafone-take-steps-to-turnaround-with-top-notch-ideas\",\"name\":\"Vodafone take steps to turnaround with top notch ideas - 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