Vodafone Q2 beats expectations despite ongoing UK issues

UK operator group Vodafone served up solid Q2 2016 numbers that exceeded analyst expectations in spite of ongoing domestic problems caused by its new billing system.
Vodafone chose to describe its Q2 numbers with a somewhat muted ‘continued progress’ label. Service revenues in Europe were flat, but AMAP (Africa, Middle East and APAC) service revenues grew 7.7% to give the whole group 2.2% growth. Analysts were expecting 1.8% growth, according to Bloomberg, and Vodafone shares were up