0
Wireless

Vodacom Group FY revenue rises 8%, gains 8 mln customers

Tuesday 18 May 2021 | 09:32 CET | News
Vodacom Group's revenue increased by 8.3 percent to ZAR 98.3 billion for the year ended 31 March compared with ZAR 90.75 billion a year earlier. The group added 8.2 million customers and reached 123.7 million including Safaricom. Total financial service customers, including Safaricom, rose 12.9 percent or 6.6 million to 57.7 million. EBITDA increased by 4.5 percent to ZAR 39.29 billion from ZAR 37.61 billion in 2020, resulting in an EBITDA margin of 40.0 percent, down from 41.4 percent.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Safaricom / Vodacom
Countries: Africa
::: add a comment
This article is part of dossier

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vodacom Tanzania launches SautiPass voice biometrics for customer security

Published 24 May 2021 13:16 CET | Tanzania, United Republic of
Vodacom Tanzania has introduced SautiPass, a voice biometrics function that uses the customer's voice as a password for ...

Vodacom Tanzania partners with Mdundo.com to offer music bundles

Published 24 May 2021 11:32 CET | Tanzania, United Republic of
Vodacom Tanzania has teamed up with Mdundo.com to offer music bundles to all Vodacom subscribers, which will give subscribers ...

Safaricom raises controlling stake in Ethiopian licence bidder to 56%

Published 19 May 2021 10:08 CET | Ethiopia
Kenyan operator Safaricom has raised its controlling stake in Global Partnership for Ethiopia, the consortium that has made a bid ...

Vodafone Germany grows mobile, fixed-line service revenues in Q4

Published 18 May 2021 09:53 CET | Germany
Vodafone Germany said its service revenues rose by 1.2 percent on an organic basis in its fiscal fourth quarter to March, to EUR ...

Vodacom South Africa FY service revenue climbs 7%

Published 18 May 2021 09:38 CET | South Africa
Vodacom South Africa's service revenue increased by 7 percent to ZAR 56.41 billion in the year ended 31 March compared with ZAR ...

Vodafone Group returns to FY profit on lower revenues, targets higher EBITDA in new year

Published 18 May 2021 08:53 CET | Europe
Vodafone Group reported a return to net profit in its fiscal year to March, at EUR 536 million versus a loss of EUR 455 million a ...

Safaricom FY net profit falls 7%, service revenue holds steady

Published 13 May 2021 11:01 CET | Kenya
Kenyan operator Safaricom reported a 6.8 percent decrease in net profit to KES 68.7 billion for the year ended 31 March from KES ...