Vodacom Group announced revenue for its fiscal third quarter ended 31 December up by 1.7 percent from a year earlier to ZAR 18.29 billion. Revenue was impacted by the sale of Gateway Carrier Services in August as well as foreign exchange effects, the mobile operator said. On a normalised basis, revenue increased 4.8 percent, helped by growth in data services and international operations, partially offset by the impact of MTR cuts, competitive pricing pressures and continued economic weakness in South Africa.
Service revenues on a were down 1.7 percent in South Africa to ZAR 12.5 billion, hurt by a decision to exit the unprofitable calling card business, while at the international operations, underlying service revenues rose 22.0 percent to ZAR 2.8 billion. The number of active data customers increased by 33.8 percent from a year earlier to 18.5 million, and total active customers increased 12.2 percent to 51.0 million.
