Vodafone has committed to launching a consumer IoT offering after the summer, with the solution being personally trialled by the Group's CEO.

Vittorio Colao (pictured) revealed his role as a beta tester while unveiling the company's latest financial results.

The operator is carrying out a wider trial ahead of the launch, further details of which Colao declined to expand on.

The operator first promised a consumer IoT play last November.

Vodafone will be hoping it mirrors the success of its enterprise IoT solution, which registered a 15.1 percent year-on-year increase in revenues during the three months to June.

Although exact figures were not disclosed, the operator said growth was driven by a 43 percent increase in the number of associated SIM cards it had connected.

Across all business units, Vodafone saw sales fall 3.3 percent to €11.47 billion on a reported basis due to negative forex movements and the deconsolidation of Vodafone Netherlands following its joint venture with Liberty Global’s Ziggo.

However, like-for-like service revenues were up 2.2 percent thanks to double digit growth in Egypt and Turkey, while South Africa also performed well rising 5.6 percent.

In Europe, service revenues nudged up 0.8 percent largely thanks to Italy, which registered growth of 3.2 percent.

Vodafone Italy’s performance was driven by the take up of fixed broadband, with the opco adding 58,000 customers in the quarter to reach 2.3 million in total.

Service revenues in Germany increased by 0.6 percent as the operator added 100,000 broadband subscribers.

Across all markets, Vodafone now has 18.5 million broadband customers after adding 300,000 subscribers during the period.

Spain, Portugal and Greece also delivered solid growth of 1.6 percent, 5.4 percent and 3.3 percent respectively.

However, service revenues fell 2.7 percent in the UK as the operator’s home market suffered from the phasing out of low-cost MVNO Talkmobile.

Although Vodafone UK added a meagre 31,000 broadband customers, previous enterprise customer losses continued to impact fixed lines revenues, which dipped 3.9 percent.

In India, where Vodafone is awaiting clearance for a merger with Ideal Cellular, service revenues declined 13.9 percent as the country’s price war continues.

However, the figures are not included in Vodafone’s overall figures as the regulatory process continues to take its course. 

Colao said Vodafone had made “a good start to the year” overall.

Matthew Kendall, Chief Telecoms Analyst at The Economist Intelligence Unit, said: “While these latest results show that Vodafone is operating a relatively stable business in many foreign markets, the impact of Brexit on its UK operations is already being felt.

“Although the rate of UK revenue decline slowed in this quarter, the falling value of the pound and the adverse impact of the abolition of EU roaming charges are areas of concern for its domestic business going forward."

Read more: Vodafone UK reboots in bid to become a forward-thinking customer service brand

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