Steady customer growth at Vodacom

South Africa’s largest cellular operator, Vodacom, has reported its detailed annual results for the year to the end of March 2007. Revenues rose 20.9% to ZAR41.15 billion (USD5.83 billion), while operating profit climbed 22.5% to ZAR10.86 billion. Vodacom’s domestic customer base was up 20.1% year-on-year to 23 million, with the majority of the growth coming in the pre-paid sector. Outside South Africa, Vodacom claimed 3.25 million registered customers in Tanzania (up 55.3% year-on-year), 2.63 million customers in DR Congo (up 67.5%), 988,000 customers in Mozambique (up 101.6%) and 279,000 customers in Lesotho (up 35.4%).