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Vodacom group revenue up 3.9% to ZAR 21.53 bln in Q1, adds 1.2 mln customers

2019-07-25 09:56:00| Telecompaper Headlines

(Telecompaper) Vodacom Group said revenue increased by 4.2 percent to ZAR 21.53 billion in the first quarter ended 30 June from ZAR 20.65 billion in the same period in 2018. Service revenue increased by 3.9 percent to ZAR 17.43 billion from ZAR 16.77 billion in 2018. Despite the impact of cyclones Idai and Kenneth in Mozambique, international service revenue increased by 19.6 percent, largely driven by a 42.7 percent increase in M-Pesa revenue and data demand. 

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Category:Telecommunications

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