Service revenues from Vodafone Group’s Egyptian operations rise 26.2% y-o-y

Service revenues from Vodafone Group’s Egyptian operations rose 26.2% y-o-y in the first quarter of the company’s current fiscal year, which runs between 1 April and 30 June, “supported by growing data usage,” according to the group’s financials (pdf). Organic growth for the period was 13.6%. Revenues for the period came at EUR 3.13 bn (c.EGP 6.15 bn), compared to EUR 2.48 bn (c.EGP 4.88 bn) during the same period last year. Vodafone Group’s total revenue dropped to EUR 10.7 bn during the period, down from EGP 10.9 bn in the same period last year.