Key Performance Indicators
Vodafone Group Plc
27 January 2003
27 January 2003
VODAFONE ANNOUNCES STRONG THIRD QUARTER PERFORMANCE
Vodafone Group Plc ('Vodafone') announces today key performance indicators for
the quarter ended 31 December 2002. The main highlights are:
• Increase in customer base to 112.5 million, including over 4 million
organic net additions in the quarter
• 12 month rolling ARPU up in all key European markets
• Data revenue at 16.0% of service revenues in the month of December, up
from 12.7% in the prior year
Sir Christopher Gent, Chief Executive of Vodafone, commented: 'These KPI's
demonstrate continued strong operational performance with better than expected
organic customer growth. This is the third consecutive quarter that has seen an
increase in Group organic customer growth and in annual ARPU in some of our key
markets. Our progress in data revenues is pleasing ahead of the additional
benefits expected from our new data service environments.'
Customer Growth
In total, over 4.9 million registered proportionate customers were added in the
quarter, including 0.9 million from stake changes. The total base has increased
to 112.5 million from 107.5 million.
Net additions in Germany of 922,000 and in Italy of 529,000 were the highest
levels since March 2001 and December 2001 respectively. In the UK, net
additions were 267,000, reflecting the expected return to net growth following
periods of disconnecting non-revenue earning handsets.
Growth in contract customers continued to be strong in controlled markets, even
though this quarter is traditionally stronger for prepaid growth, with over
500,000 net contract additions in Germany and over 100,000 in the UK.
Active customers in the Group's controlled businesses remained at 94% of total
customers.
Registered Blended ARPU
All key markets in Europe showed an increase this quarter in registered blended
ARPU on a 12 month rolling basis. This is the third consecutive quarter to show
such an increase in Germany and the UK. The trend in Japan continues to reflect
the effect of increasing market penetration levels.
Data as a percentage of service revenues
For the Group's controlled operations, data as a percentage of service revenues
increased to 13.9% for the year to December 2002, up from 13.2% for the year to
September. Data in the month of December 2002 was 16.0%, up from 12.7% in
December 2001.
- ends -
For further information:
Vodafone Group
Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Director of Group Investor Relations
Bobby Leach, Head of Group Financial Media Relations
Darren Jones, Senior Investor Relations Manager
Tel: +44 (0) 1635 673310
Tavistock Communications
Lulu Bridges / John West
Tel: +44 (0) 20 7600 2288
VODAFONE GROUP PLC - MOBILE TELECOMMUNICATIONS BUSINESSES
PROPORTIONATE NET CUSTOMERS - 1 OCTOBER 2002 TO 31 DECEMBER 2002
CUSTOMER BASE
PERCENTAGE AT NET STAKE AT
COUNTRY OWNERSHIP 1 OCT 2002 ADDITIONS CHANGES 31 DEC 2002 PREPAID
(note 1) (note 2) (note 4)
(%) (000s) (000s) (000s) (000s) (%)
NORTHERN EUROPE
UK 100.0 12,957 267 - 13,224 59
Ireland 100.0 1,705 24 - 1,729 71
Netherlands 77.6 2,290 * * * *
Sweden 74.6 948 * * * *
Others 5,141 138 - 5,279 52
TOTAL 23,041 469 247 23,757 56
CENTRAL EUROPE
Germany 100.0 21,810 922 - 22,732 54
Hungary 68.3 480 88 - 568 89
Others 1,687 106 - 1,793 44
TOTAL 23,977 1,116 - 25,093 53
SOUTHERN EUROPE
Greece 62.7 1,615 55 349 2,019 72
Italy 76.8 14,063 529 - 14,592 91
Malta 80.0 124 8 - 132 92
Portugal 61.4 1,827 * - * *
Spain 93.8 7,715 406 - 8,121 56
Albania 81.7 207 59 19 285 98
Others 495 * - * *
TOTAL 26,046 1,145 368 27,559 78
AMERICAS
United States (note 44.3 13,953 430 3 14,386 7
3)
Others 751 (32) - 719 83
TOTAL 14,704 398 3 15,105 11
ASIA PACIFIC
Japan 69.7 9,031 223 - 9,254 5
Australia 100.0 2,266 188 - 2,454 47
New Zealand 100.0 1,156 64 - 1,220 78
Others 3,712 213 - 3,925 58
TOTAL 16,165 688 - 16,853 53
MIDDLE EAST AND AFRICA
Egypt 60.0 1,187 91 - 1,278 85
Others 2,420 157 262 2,839 85
TOTAL 3,607 248 262 4,117 85
GROUP TOTAL 107,540 4,064 880 112,484 53
1 All ownership percentages are stated as at 31 December 2002 and
exclude options, warrants or other rights or obligations of Vodafone
Group Plc to increase or decrease ownership in any venture. Ownership
interests have been rounded to the nearest tenth of one percent.
2 Represents the acquisition of stake increases in Vodafone Netherlands
from approximately 70.0% to 77.6%, Vodafone Greece from approximately
51.9% to 62.7%, Vodafone Albania from approximately 76.4% to 81.7%,
Vodacom Group (Pty) Limited in South Africa from approximately 31.5%
to 35.0%, a minor acquisition in the US by Verizon Wireless and a
stake dilution in Vodafone Sweden from approximately 74.7% to 74.6%.
3 The Group's proportionate customer base has been adjusted for Verizon
Wireless's proportionate ownership of its customer base across all its
network interests of approximately 98.4% at 31 December 2002. In the
absence of acquired interests, this proportionate ownership will vary
slightly from quarter to quarter dependent on the underlying mix of
net additions across each of these networks.
4 Prepaid customer percentages are calculated on a venture basis.
* Listed subsidiary still to report.
VODAFONE GROUP PLC - MOBILE TELECOMMUNICATIONS BUSINESSES
CONTROLLED ACTIVE CUSTOMER INFORMATION AS AT 31 DECEMBER 2002
CONTROLLED ACTIVE (note 1) CONTROLLED
COUNTRY PREPAID CONTRACT TOTAL INACTIVE
(%) (%) (%) (%)
NORTHERN EUROPE
UK 90 96 92 8
Ireland 100 99 100 0
Netherlands * * * *
Sweden * * * *
TOTAL 91 96 93 7
CENTRAL EUROPE
Germany 90 94 92 8
Hungary # 90 97 91 9
TOTAL 90 94 92 8
SOUTHERN EUROPE
Greece 71 93 77 23
Italy 95 92 95 5
Malta 94 97 94 6
Portugal * * * *
Spain 93 97 95 5
Albania # * * * *
TOTAL 92 96 93 7
ASIA PACIFIC
Japan (note N/A N/A 99 1
2)
Australia 94 93 93 7
New Zealand 93 100 95 5
TOTAL 94 94 98 2
MIDDLE EAST AND AFRICA
Egypt # 96 100 96 4
TOTAL 96 100 96 4
CONTROLLED GROUP TOTAL 91 95 94 6
CONTROLLED ACTIVE CUSTOMER INFORMATION - HISTORY
CONTROLLED INACTIVE CUSTOMERS AS AT
COUNTRY DECEMBER MARCH JUNE SEPTEMBER DECEMBER
2001 2002 2002 2002 2002
(%) (%) (%) (%) (%)
Germany 9 9 8 8 8
Italy 7 7 7 6 5
Japan N/A 1 1 1 1
United Kingdom 16+ 11 9 7 8
Controlled Total 10 8 7 6 6
1 Active customers are defined as customers who have made or received a
chargeable event in the last three months or, where information is not
available, defined as customers who have made a chargeable event in
the last three months (indicated by #).
2 Customer activity information for Japan is only available on a total
customer basis.
* Listed subsidiary still to report.
VODAFONE GROUP PLC - MOBILE TELECOMMUNICATIONS BUSINESSES
MONTHLY REGISTERED BLENDED ARPU FOR THE 15 MONTHS TO 31 DECEMBER 2002
Country Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Germany EUR 25.6 24.3 24.1 25.1 22.7 25.4 25.2 26.5 26.5 27.9 27.7 26.8 27.4 25.4 25.4
Italy EUR 29.4 27.3 28.4 28.8 25.6 29.6 27.9 29.4 28.9 31.9 28.6 29.0 29.3 28.0 29.5
Japan JPY 7,410 7,770 7,640 7,470 7,200 7,630 7,310 7,400 7,160 7,670 7,410 7,180 7,350 7,120 7,360
United Kingdom GBP 23.8 23.2 21.8 22.9 22.0 23.8 22.9 24.6 22.7 24.9 24.7 24.9 25.5 24.3 23.5
ARPU INFORMATION FOR THE 12 MONTH PERIOD TO 31 DECEMBER 2002
ARPU (note 1)
COUNTRY REGISTERED REGISTERED REGISTERED
CURRENCY PREPAID CONTRACT TOTAL
NORTHERN EUROPE
UK GBP 123 533 287
Ireland EUR 328 1,075 542
CENTRAL EUROPE
Germany EUR 126 530 312
Hungary HUF 43,788 177,275 56,754
SOUTHERN EUROPE
Italy EUR 298 800 347
Malta MTL 87 906 152
Spain EUR 154 641 377
ASIA PACIFIC
Japan JPY N/A N/A 88,238
Australia AUD 312 869 648
New Zealand NZD 307 1,861 658
MIDDLE EAST AND AFRICA
Egypt EGP 694 2,861 1,001
ARPU - HISTORY
REGISTERED TOTAL ARPU FOR THE 12 MONTH PERIOD TO
COUNTRY CURRENCY DECEMBER MARCH JUNE SEPTEMBER DECEMBER
2001 2002 2002 2002 2002
Germany EUR 303 298 302 308 312
Italy EUR 345 345 345 345 347
Japan JPY 93,550 91,903 90,302 89,193 88,238
UK GBP 278 276 278 282 287
1 ARPU is calculated as total revenues excluding handset revenues and
connection fees divided by the weighted average number of customers
during the period.
VODAFONE GROUP PLC - MOBILE TELECOMMUNICATIONS BUSINESSES
NON-VOICE SERVICES AS A PERCENTAGE OF SERVICE REVENUES
PROPORTIONATE BASIS
12 MONTHS TO 31 DECEMBER 2002 DECEMBER 2002 (MONTH ONLY)
COUNTRY MESSAGING INTERNET TOTAL MESSAGING INTERNET TOTAL
DATA DATA DATA DATA DATA DATA
NORTHERN EUROPE
UK 12.9% 1.0% 13.9% 15.2% 0.8% 16.0%
Others 8.7% 0.4% 9.1% 10.2% 0.5% 10.7%
TOTAL 11.1% 0.7% 11.8% 12.9% 0.7% 13.6%
CENTRAL EUROPE
Germany 15.3% 0.8% 16.1% 18.4% 0.8% 19.2%
Others 7.7% 0.8% 8.5% 9.6% 1.1% 10.7%
TOTAL 14.3% 0.8% 15.1% 17.3% 0.9% 18.2%
SOUTHERN EUROPE
Italy 10.3% 0.4% 10.7% 12.3% 0.6% 12.9%
Others 8.6% 0.2% 8.8% 10.2% 0.5% 10.7%
TOTAL 9.5% 0.3% 9.8% 11.3% 0.5% 11.8%
AMERICAS
United States 0.3% 0.6% 0.9% 0.6% 0.7% 1.3%
Others - - - - - -
TOTAL 0.3% 0.6% 0.9% 0.5% 0.7% 1.2%
ASIA PACIFIC
Japan 7.1% 12.2% 19.3% 7.4% 13.2% 20.6%
Others 8.0% 0.4% 8.4% 9.7% 0.4% 10.1%
TOTAL 7.3% 9.8% 17.1% 7.9% 10.4% 18.3%
MIDDLE EAST AND AFRICA 3.5% - 3.5% 4.5% - 4.5%
PROPORTIONATE GROUP TOTAL 8.4% 2.3% 10.7% 10.0% 2.5% 12.5%
STATUTORY BASIS
CONTROLLED GROUP TOTAL 10.5% 3.4% 13.9% 12.3% 3.7% 16.0%
NON-VOICE SERVICES AS A PERCENTAGE OF SERVICE REVENUES - HISTORY
12 MONTHS TO MONTH ONLY
COUNTRY DEC MAR JUN SEP DEC DEC MAR JUN SEP DEC
2001 2002 2002 2002 2002 2001 2002 2002 2002 2002
Germany 14.3% 14.4% 14.8% 15.4% 16.1% 14.6% 15.2% 15.6% 16.2% 19.2%
Italy 7.9% 8.7% 9.4% 10.1% 10.7% 10.7% 9.8% 10.4% 10.4% 12.9%
Japan 13.4% 15.1% 16.6% 18.1% 19.3% 16.0% 19.8% 19.9% 20.2% 20.6%
UK 10.1% 11.8% 12.6% 13.2% 13.9% 12.7% 13.4% 14.3% 13.8% 16.0%
Proportionate 8.0% 8.7% 9.5% 10.1% 10.7% 9.7% 10.3% 10.9% 10.9% 12.5%
Total
Statutory Total 10.2% 11.1% 12.1% 13.2% 13.9% 12.7% 13.5% 14.0% 14.3% 16.0%
This information is provided by RNS
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