Vodafone posts rise in Q1 revenue as Europe returns to growth

LONDON: Mobile operator Vodafone reported a better-than-expected rise in first-quarter service revenue on Friday as more stores reopened and tourism made a tentative return following last year’s COVID-19 disruption.

Chief Executive Nick Read said the company was back to service revenue growth in Europe as well as Africa as it reported a 3.3% rise in service revenue.