SFRSFR’s revenues 6 were €3,056 million, a 0.9% decrease compared to the first quarter of 2010. In a more competitive market, the beginning of the year was impacted by the implementation on January 1 st, 2011 of the VAT rise that SFR refused to apply to its Mobile clients. Excluding regulatory decisions on VAT and termination regulated price cut impacts 7, revenues increased by 4.3%.
Vivendi Announces First Quarter 2011
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