Vodafone revenues decline to £44bn

Telecommunications firm Vodafone has seen its customer base continue to rise in Ireland, despite last year seeing revenues fall.

The mobile phone firm’s annual figures, published yesterday, show a 4.2% drop in group revenue to almost £44.5bn (€53bn) for the 12 months to the end of March.

Difficult economic conditions in southern Europe and “an adverse European regulatory environment” hit revenues.