Operating costs were 1.8 per cent lower year-on-year as the company’s network site operating costs fell for sites transferred to Vantage Towers in June 2020.
The year was also marked by continued investment in the business to upgrade its network, and reinvest as Vodafone Ireland transitions to net-zero carbon emissions. As of June 2021, Vodafone Ireland’s business here is powered by renewable energy, outstripping a target of 2025 to achieve this.The period brought a rise in both mobile contract and fixed contract customer numbers, with Vodafone adding 73,700 mobile contract and prepaid customers and 12,500 fixed contract customers, equating to a 3.
“We are pleased with the results for the financial period, which reflects the resilience and sustainable growth strategy that underpins the investment, innovation and industry-leading position of Vodafone Ireland,” said Amanda Nelson, chief executive of Vodafone Ireland. “This is a strong performance during what was an exceptionally challenging operating period due to the pandemic travel restrictions and impact at the time. The months since have seen new economic challenges emerge in terms of inflation and increased costs for households and businesses. This requires further efficiencies and innovation when it comes to our ongoing efforts to support our customers, our people, reduce energy use and reach our long-term sustainability targets.