Vodacom South Africa revenue rises 13% in Q1 to June

Friday 23 July 2021 | 09:23 CET | News
Vodacom South Africa's revenue increased by 13.2 percent to ZAR 19.53 billion in the first quarter ended 30 June compared with ZAR 17.25 billion in the same period in 2020, supported by a strong recovery in equipment sales as the prior year was hit by lockdown restrictions to physical channels. Service revenue increased 5.2 percent to ZAR 14.1 billion, helped by sustained demand for connectivity, incremental wholesale revenue and growth in new services. Capital expenditure rose by 9.3 percent to ZAR 2.9 billion from  ZAR 2.67 billion in 2020.

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Categories: Mobile & Wireless
Companies: Vodacom / Vodacom South Africa
Countries: South Africa
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