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Tag: vodacom
South Africa sells Vodacom stake for 1.7bn
2015-07-01 02:00:00| Total Telecom industry news
Treasury to use proceeds to prop up ailing power company Eskom.
Tags: south
africa
south africa
sells
Vodacom Group FY revenue rises 2.1% to ZAR 77.3 bln
2015-05-18 10:47:00| Telecompaper Headlines
(Telecompaper) Vodacom Group reported a 2.1 percent increase in full-year revenue to ZAR 77.3 billion from ZAR 75.7 billion in 2014. Excluding the impact of a 50 percent cut in MTRs in South Africa, group revenue in the year to March increased by 4.8 percent. EBITDA declined by 1.5 percent to ZAR 26.9 billion, hurt by negative forex effects and a one-time charge of ZAR 405 million to write down operations in the Democratic Republic of Congo. Headline earnings per share decreased by 4.0 percent to ZAR 8.60 from ZAR 8.96 in 2014, and net profit fell 8.5 percent to ZAR 12.5 billion.
Vodafone CEO: no talks so far with South Africa over Vodacom stake
2015-03-26 11:58:45| Telecom - Topix.net
Telecoms giant Vodafone has held no talks with South Africa over the London-listed firm buying Pretoria's stake in its local subsidiary Vodacom, chief executive Vittorio Colao said on Wednesday.
MTN reportedly eyeing Telkom acquisition to take on Vodacom
2015-02-12 01:00:00| Total Telecom industry news
Two South Africa-based telcos still locked in talks over separate network-sharing agreement.
Tags: acquisition
reportedly
mtn
eyeing
Vodacom Group revenues down 1.1% in Q3
2015-02-04 09:45:00| Telecompaper Headlines
(Telecompaper) Vodacom Group said it signed up 5.1 million new subscribers in the 12 months to 31 December, reaching a total 61.1 million at the end of 2014. Active data customers grew by 16.4 percent to 26.5 million. Group revenue for the fiscal third quarter to December decreased 1.1 percent, or 2.2 percent on an organic basis, to ZAR 19.99 billion. Organic service revenue fell 3.9 percent to ZAR 15.82 billion. Excluding the impact of the 50 percent cut in mobile termination rates in South Africa, group revenue increased 1.5 percent and service revenue rose 0.6 percent. At the operator's international activities, service revenue grew 7.6 percent to ZAR 3. 97 billion and 25.1 percent of the total (Q3 2014: 22.7%). The international customer base increased 18.6 percent to 29.7 million, and outgoing voice traffic grew 49.8 percent. The slower growth in service revenue reflects the on-going price competition and regulatory pressures in key markets. M-pesa revenue grew 28.2 percent, contributing 9.4 percent of service revenue. M-pesa customers increased 29.7 percent to 7.6 million, reflecting strong uptake in all markets.
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