Vodacom's new target: 260 million subscribers by 2030 - TechCentral
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6 Articles
Vodacom South Africa announces revenue growth despite losing over 5.7 million customers in FY 2025
Vodacom South Africa, the country’s leading mobile network operator, reported a 3.5% increase in prepaid mobile customer revenue, reaching R27.3 billion ($1.51 billion) for the financial year ending March 31, 2025, despite a substantial 13.1% decline in its prepaid customer base. The company saw its prepaid subscribers drop from about 44.85 million to 39 million, a loss of about 5.7 million customers, according to its annual financial results re…
Vodacom profit surges 69pc on digital gains – Daily News
DAR ES SALAAM: VODACOM Tanzania has posted a 69.4 per cent jump in annual net profit, driven by solid growth across its mobile money and data segments, alongside a steady expansion in its customer base. The telecoms operator reported a net profit of 90.51bn/- at the end of March this year, up from 53.43bn/- the previous year, according to its consolidated financial results. Service revenue grew by 20.5 per cent, supported by a 29.3 per cent rise…
Vodacom’s annual profit grows marginally
By Reuters South Africa’s biggest mobile operator Vodacom reported a marginal rise in annual earnings on a stronger second-half performance, but gains were capped by significant currency volatility. Vodacom, majority-owned by UK-based Vodafone said headline earnings per share rose by 1.3% to 857 cents in the year ended March 31 from 846 cents a year earlier. It declared a final dividend of 335 cents per share. “Given significant currency volatil…
Vodacom Says 'Please Call Me' Compensation Range Still Uncertain - The Bulrushes
Johannesburg – Vodacom has disclosed that the potential compensation payout in the long-running Please Call Me case remains highly uncertain, with outcomes ranging from millions to billions of rand. The Vodafone-owned telco is still challenging the Supreme Court of Appeal’s (SCA) ruling, which ordered it to pay 5%–7.5% of total revenue from the service since 2001. In a statement published today as part of its financial results publication, Vodac…
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