Vodacom 1H profit up 12.5%

11 Nov 2008

South Africa’s largest cellular operator in terms of subscribers, Vodacom, has seen earnings climb 12.5% in the first half of its fiscal year on the back of subscriber growth. Operating profit for the six months to the end of September reached ZAR6.4 billion (USD635 million), while sales for the period were up 14% year-on-year at ZAR26 billion. The firm said customer numbers were up 13.1% to 35.7 million.

South Africa, Vodacom Group