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Vodafone Q3-FY13 Concall: On M-Pesa, 2G Auctions & More

There was very little information about India on Vodafone‘s earnings conference call, for the quarter, where Vodafone India's revenues increased by 13.6% year-on-year to £1.125 billion (Rs 9,394 crore). This included voice revenues of £790 million (Rs 6,617.16 crore), data revenue of £94 million (Rs 784 crore) and messaging revenue of £41 million (Rs 341.94 crore). Here are some notes from the conference call: - Growth in Africa, Middle East and Asia Pacific region came from growth in customers, improved data penetration and stabilizing prices, particularly in India. - India grew by 9% for the quarter, registering a slight slowdown from the previous quarter. Vodafone CFO Andy Halford attributed the slowdown to the new subscriber verification rules, which required all operators to verify all new customers, thereby resulting in a lower customer acquisition rate in the quarter. Nick Read, Vodafone CEO (Africa, Middle East and Asia Pacific Region)…

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