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Vodacom Group FY revenue rises 5%, subscriber base up by 6 mln

2020-05-11 09:45:00| Telecompaper Headlines

(Telecompaper) Vodacom Group revenue increased by 4.8 percent to ZAR 90.75 billon for the year ended 31 March from ZAR 86.63 billion in the same period of 2019, supported by service revenue growth of 5.0 percent. The mobile phone firm added 5.9 million customers and reached 116 million across the group. Total financial services customers were up 12.8 percent or 6.0 million to 53.2 million.

Tags: up group base revenue

 

Vodacom launches first live 5G network in Africa

2020-05-04 14:52:00| Telecompaper Headlines

(Telecompaper) Vodacom announced it has switched on Africa's first live 5G mobile network, in the South African cities Johannesburg, Pretoria and Cape Town. Further rollout is planned to cover other parts of the country. The network will support both mobile and fixed wireless services and is currently available on twenty live 5G sites, eighteen of which are in Gauteng and two in Cape Town. With immediate effect, Vodacom customers with 5G enabled devices, and within a 5G coverage area, can access the new service. 

Tags: in live network africa

 
 

MTN, Vodacom and Telkom get extra spectrum to meet data demand during lockdown

2020-04-20 10:53:00| Telecompaper Headlines

(Telecompaper) The Independent Communications Authority of South Africa (ICASA) has granted MTN, Vodacom and Telkom emergency spectrum to deal with an increase in data demand during the coronavirus outbreak. ICASA said it considered applications for temporary radio frequency spectrum assignments in the 700 MHz, 800 MHz, 2300 MHz, 2600 MHz and 3500 MHz bands, including the use of television white spaces (TVWS), in an effort to ensure connectivity during the National State of Disaster. 

Tags: data meet extra demand

 

Vodacom, Safaricom pick up M-Pesa

2020-04-06 02:00:00| Total Telecom industry news

Last year, Vodafone struck a deal to sell its financial service platform M-Pesa to a joint venture from Vodacom and Safaricom. The financial details of the deal remain unclear, but it has been suggested by Safaricom that the platform is worth around $13 million.   Now, the deal has been completed…read more on TotalTele.com »

Tags: pick vodacom safaricom

 

Vodacom South Africa agrees data price cuts, claims ZAR 2.7 bln in savings for customers

2020-03-11 10:48:00| Telecompaper Headlines

(Telecompaper) Vodacom South Africa says it will introduce a range of initiatives from 01 April that will result in ZAR 2.7 billion in savings for customers using data services. The proposal was approved by the Competition Commission, which had ordered mobile operators to lower the cost of internet services.  

Tags: price data south customers

 

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