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UPDATE 1-TeliaSonera picks Vodacom exec as new CEO -source
2013-06-16 21:45:34| IT Services - Topix.net
Nordic telecom operator TeliaSonera has picked Johan Dennelind, the current chief executive of Vodacom International, as its new CEO, a source with knowledge of the recruitment process said on Sunday.
Vodacom grows FY revenues 4.5%, EBITDA up 10.9%
2013-05-20 09:01:00| Telecompaper Headlines
(Telecompaper) African mobile operator Vodacom reported revenue for the fiscal year to 31 March up 4.5 percent to ZAR 69.62 billion. Excluding the sale of Gateway Carrier Services and foreign currency impact, revenue was up 5.3 percent, and service revenue rose 2.9 percent. The Vodafone subsidiary finished the year with 51.7 million customers, and the number of data customers rose 22.5 percent to 18.5 million. EBITDA increased 10.9 percent to ZAR 25.25 billion, and the margin expanded 2.1 ppts to 36.1 percent. Headline earnings per share were up 23.0 percent to ZAR 8.72, as a result of strong operating profit growth and lower taxes. Capital expenditure rose 9.2 percent to ZAR 9.46 billion, and operating free cash flow rose 7.2 percent to ZAR 18.16 billion. Vodacom will pay a final dividend of ZAR 4.30; total dividends for the year of ZAR 7.85 are up 10.6 percent.
Tags: up
revenues
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ebitda
Vodacom full-year net rises, flags tough domestic competition
2013-05-20 02:00:00| Total Telecom industry news
South African operator serves 51.7 million customers across its footprint.
Tags: net
competition
domestic
tough
Vodacom revenue growth slows to 1.7%
2013-02-06 09:27:00| Telecompaper Headlines
(Telecompaper) Vodacom Group announced revenue for its fiscal third quarter ended 31 December up by 1.7 percent from a year earlier to ZAR 18.29 billion. Revenue was impacted by the sale of Gateway Carrier Services in August as well as foreign exchange effects, the mobile operator said. On a normalised basis, revenue increased 4.8 percent, helped by growth in data services and international operations, partially offset by the impact of MTR cuts, competitive pricing pressures and continued economic weakness in South Africa. Service revenues on a were down 1.7 percent in South Africa to ZAR 12.5 billion, hurt by a decision to exit the unprofitable calling card business, while at the international operations, underlying service revenues rose 22.0 percent to ZAR 2.8 billion. The number of active data customers increased by 33.8 percent to 18.5 million, and total active customers increased 12.2 percent to 51.0 million.
Tags: growth
revenue
slows
vodacom