Vodacom South Africa FY service revenue climbs 7%

Tuesday 18 May 2021 | 09:38 CET | News
Vodacom South Africa's service revenue increased by 7 percent to ZAR 56.41 billion in the year ended 31 March compared with ZAR 52.71 billion a year erlier. The growth was fuelled by higher demand for connectivity, particularly in prepaid and Vodacom Business, and new services such as IoT and financial services. The performance was enabled by investment in new services, networks and digital IT capabilities such as business and artificial intelligence (AI). Revenue increased by 10.3 percent, underpinned by service revenue growth, a recovery in equipment sales and growth in tower sharing

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.


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: Vodacom / Vodacom Business / Vodacom South Africa
Countries: South Africa
::: add a comment
This article is part of dossier




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.


Vodacom Business launches dedicated Business Ticket data bundles in South Africa

Published 10 Jun 2021 11:35 CET | South America
South African operator Vodacom Business has introduced Business Tickets, which are data bundles ring-fenced for exclusive access ...

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 Group FY revenue rises 8%, gains 8 mln customers

Published 18 May 2021 09:32 CET | Africa
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 ...

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 ...

Vodacom South Africa cuts some data bundle prices by up to 14%

Published 02 Apr 2021 12:50 CET | South Africa
Vodacom South Africa says it is reducing prices for some 30-day data bundles by up to 14 percent. The change includes the ...

Vodacom South Africa extends RT15 framework government procurement contract for 5 years

Published 01 Apr 2021 10:52 CET | South Africa
South Africa's National Treasury has chosen to retain the services of Vodacom, awarding it a new mobile communication services ...