Vodacom grows subscribers

27 Jan 2009

South Africa’s Vodacom Group has reported a 13.7% year-on-year increase in revenues for the nine months to the end of December 2008. Sales climbed to ZAR40.5 billion (USD4.1 billion) on the back of a 14.3% rise in group subscriber numbers to 37.8 million. In its home market customer numbers were up 4.8% during the final three months of 2008 to 26.5 million, while Vodacom’s international operations in Tanzania, DR Congo, Mozambique and Lesotho saw customer numbers jump 8% quarter-on-quarter to 11.3 million. Vodacom Group CEO Pieter Uys commented: ‘Expanding our African footprint beyond South Africa is one of the pillars of Vodacom’s growth strategy. I’m pleased to say that this quarter we reached an important milestone, with 30% of our total customer base now coming from our operations in Tanzania, the Democratic Republic of Congo, Lesotho and Mozambique.’

South Africa, Vodacom Group