Q1 2020 Vodafone Group PLC Trading Statement Call Transcript

Jul 26, 2019 / 08:00AM GMT
Operator

Hello and welcome to the Vodafone Group Analyst and Investor Call. Your host today is Nick Read, CEO of the Vodafone Group. Please go ahead, Nick.

Nicholas Jonathan Read - Vodafone Group Plc - CEO & Executive Director

Thank you, Hugh. Good morning, everyone, and welcome to our Q1 trading update call. I will summarize our commercial performance and discuss our strategic progress during the quarter before I hand over to Margherita, who will talk about the trading and financial performance of our key markets, then we will both take your questions.

So turning to the quarterly highlights on Page 3. This was a really important quarter for the business with the biggest lineup of new pricing plans and product launches that I can remember for many years. Specifically, we launched 5G across our major European markets, introduced new speed-tiered unlimited data plans in 5 markets, including Spain and the U.K., and greatly simplified our pricing plans in Germany.

I am confident that these launches will help to sustain the positive momentum in our

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