8/4/2011

Turkish subsidiary propels Vodafone’s global growth

Sabah - British mobile operator Vodafone’s Turkish division has contributed to the telecom giant’s global growth with its exemplary performance during the last 2.5 years. Vodafone Turkey’s 10 percent growth average in the last 10 consecutive quarters has made the company a source of inspiration in the group, according to CEO Serpil Timuray. Timuray, briefing the press on the company’s 2011-2012 fiscal year first quarter results, said that Vodafone Turkey broke a series of records during its rapid growth trajectory observed in the last two years.

“Recently commenced operations excluded, Vodafone Turkey has become the fastest growing operator in Vodafone Global. Vodafone Turkey is also Turkey’s fastest growing telecom operator with a rate of 32.1 percent, reaching an all-time high in service revenues,” Vodafone Turkey’s CEO noted. Vodafone Turkey comes 8th in the global group’s turnover ranking and has the 7th largest subscriber base.

Vodafone’s Turkish subscribers rank third after Indian and Egyptian users in terms of mobile call duration. The average monthly mobile call length in Turkey is around 260 minutes per subscriber. Eighty-six percent of the calls made in the country go through mobile networks.
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Turkey; telecom sector; turkey telecom operators; Vodafone turkey; serpil timuray; Vodafone turkey growth