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Vodacom Group revenue up 5.6% in Q1 on growth in South Africa

2020-07-23 09:25:00| Telecompaper Headlines

(Telecompaper) Vodacom Group revenue increased by 5.6 percent to ZAR 22.73 billion in the first quarter to 30 June. The mobile operator said it saw strong growth in South Africa as customer demand rose during the lockdown, but international operations were hit by lower economic activity because of Covid-19. Service revenue climbed 7.6 percent to ZAR 18.76 billion. The temporary spectrum assignment in South Africa allowed Vodacom to fast-track the launch of the country's first mobile 5G network and a fixed 5G commercial service.�� [ more ]

Tags: group south growth africa

Category:Telecommunications

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