About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, November 9, 2009

Vodacom Keeps Growing

Lifted by a 17% increase in customers, Vodacom said its revenue grew by almost 5% year-on-year in the six months to September 30 to 28.7 billion South African rand (3.88 billion US dollars) on a like-for-like basis.

Vodacom's mobile broadband customers rose 54% year-on-year to 964,000 in South Africa, while group mobile data revenues climbed 30% to 1.97 billion rand. The group forecast that it will spend 5 billion rand on capex in South Africa in the year to March 31, 2010 and 2 billion rand in its international operations, down from its earlier forecast of 3 billion rand. source: Vodacom presentation

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