Vodafone's Mobile Subscriber Count Reaches 25.4 Million in H1 2024-25 Financial Year
Forex - Vodafone (LON:VOD) Turkey announced its results for the first half of the 2024-2025 fiscal year (April-September 2024).
The company's service revenues for this period reached 42.1 billion TL. Meanwhile, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at 15.0 billion TL*. The service revenues adjusted for the effect of IAS 29 (International Accounting Standard 29 for Financial Reporting in Hyperinflationary Economies) were recorded as 39.5 billion TL, while EBITDA amounted to 17.1 billion TL.
Increase in Subscriber Numbers
Vodafone Turkey's mobile subscriber base reached 25.4 million, with a total mobile subscriber count including M2M (Machine-to-Machine) reaching 30.4 million. The number of postpaid subscribers increased to 20.2 million. Continuing its efforts to provide the best service to customers in broadband technologies, Vodafone Turkey's fixed broadband subscriber count was 1.4 million.
Digital Customer Count Reaches 17.6 Million
With a focus on digitalization across all channels, Vodafone recorded 17.6 million monthly active customers using its digital channels such as Vodafone Yanımda and Online Self Service. The total monthly interaction of customers using Vodafone's digital channels reached 304 million.
Increase in Data Usage
In the first six months of the fiscal year, the total mobile data usage by Vodafone Turkey customers rose to 2,520 petabytes.
Growth in Digital Services
Vodafone Turkey is making steady progress towards becoming a strong digital services company. "The company's online shopping platform, Her Şey Yanımda, launched through the Vodafone Yanımda mobile application, reached 52 million visits in the first half of the 2024/25 financial year, bringing the total visits since its launch date to nearly 275 million." The total number of users utilizing Vodafone's next-generation mobile finance solution, Vodafone Pay, has reached 8.3 million. The monthly unique user count for the company’s personal digital assistant, TOBi, which can perform nearly 1,000 different transactions, stands at 8.5 million, with a monthly chat count of 30 million.
Vodafone Turkey CEO Engin Aksoy evaluated the results for the first half of the 2024-25 fiscal year as follows:
"As Vodafone, we continue to contribute to Turkey's digital and sustainable future. Our service revenues for the first half of our fiscal year reached 42.1 billion TL*. During this period, our monthly active customer count using digital channels reached 17.6 million. We will continue to work with all our strength alongside our stakeholders to effectively connect the economic and social opportunities that technology offers with our country and to elevate Turkey to the place it deserves in the digitalization league."