Vodacom Group passes 52m subscribers

South African telco posts 12% rise in Q4 revenues
Pieter Uys said that Vodacom had defied a
Pieter Uys said that Vodacom had defied a


South African telco Vodacom Group said that its revenues increased by 12.2% in Q4 2011 to reach ZAR17.99 billion ($2.38 billion), up from ZAR16.03 billion for the same period in 2010.

The telecom group, which has operations in South Africa, Tanzania, Mozambique, Lesotho and DRC, increased its customer base by a record 5 million, or 27.3%, in Q4 to reach 52.9 million.

The telco said that demand for data services remained strong, with group data revenue growth of 23.8% in Q4. The company posted a 41.2% increase in group active data customers to 13.8 million by the end of Q4.

The operator did not release details of its profits for Q4.

Pieter Uys, CEO, Vodacom Group, said: “This was a good quarter for Vodacom, with a record increase in our customers of five million pushing us past the 50 million customers milestone.”

He added that the South African business “defied the somewhat gloomy economic conditions” and achieved a 25% increase in customers, ending the quarter at 32 million customers.

“Our International operations maintained the positive momentum and accounted for more than 40% of the increase in our total customers,” Uys added.

“Network investment continued to be a major focus with on-going upgrades to our transmission and radio access networks supporting the 41% increase in Group data customers. Vodacom now delivers data connectivity to nearly 14 million people.”

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story