Vodafone Returns to Growth in Germany on Wholesale Revenue

Vodafone Group Plc returned to growth in Germany, after bringing on 1&1 AG as a new wholesale customer in its biggest market.

Organic service revenue in Germany rose 0.5% for its fiscal second quarter to €2.74 billion ($3.2 billion), the UK telecommunications operator said in a statement on Tuesday. Analysts expected an improvement of 0.4%, according to estimates compiled by Bloomberg, after a decline of more than 3% last quarter.