Loading...

Vodacom ups third-quarter revenue

Feb 06 2013 07:59
Reuters

(Vodacom (Duncan Alfreds, News24))

Company Data

VODACOM GROUP LIMITED [JSE:VOD]

Last traded 155
Change 0
% Change 0
Cumulative volume 3156369
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

MTN GROUP LIMITED [JSE:MTN]

Last traded 126
Change 2
% Change 1
Cumulative volume 4513394
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Vodacom issued with court papers

Vodacom’s smooth operator

Vodacom sings new Africa tune

Vodacom earnings up 22%, hikes dividend

Vodacom to ring in profits

Vodacom users left high and dry

 

Cape Town - Mobile operator, Vodacom Group [JSE:VOD], reported a 1.7% increase in third-quarter revenue on Wednesday as it boosted the number of active customers.

The South African unit of Britain's Vodafone Group, is fighting to maintain its market share in its key South African market and is keen to increase operations on the continent to diversify income.

The carrier said group revenue for the three months to end-December came in at R18.3bn from R18bn the same period last year.

Active customers were up 12.2% to 51 million, the company said.

Vodacom is dwarfed on the continent by South African rival MTN Group [JSE:MTN] and India's Bharti Airtel.

Vodacom shares are down 2% so far this year, lagging a 4% rise in the JSE Top 40 - (Tradeable) [JSE:J200] index.  

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

vodacom group

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
8 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about...

Calling all social entrepreneurs - apply for The Venture now!

Are you running an innovative social business that's helping to create a better future? Then pitch for a share of The Venture’s $1m fund and receive world-class mentorship to help accelerate your business growth.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

New SAA board now has an aviation expert

Previous results · Suggest a vote

Loading...