Vodacom 9-month revenue up 13.7% January 28, 2009
Posted by aikservices in Africa, ARPU, Financial, Mobile, Network Operator, Vodacom.Tags: Africa, ARPU, Financial, Mobile, Network Operator, Vodacom
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African mobile operator Vodacom posted a 13.7 percent rise in nine-month revenue as it boosted subscriber numbers. Revenue for the nine months ended 31 December rose to ZAR 40.5 billion, while the number of mobile customers increased 14.3 percent year-on-year to 37.8 million. Its customer base increased 5.8 percent versus the previous quarter. Its South African subscriber base swelled 4.8 percent versus the previous quarter to 26.45 million, and it lost one percentage point of market share to 52 percent. ARPU in its home market rose 2.3 percent from the previous quarter to ZAR 135. The non-South African operations comprised 11.3 million customers, or 30 percent of the total. On a quarterly basis, non-South African customers rose 8.4 percent. Vodacom said expanding its African footprint beyond South Africa is one of the pillars of its growth strategy.
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