Vodacom adds four million users in 2011; plans USD94m CAPEX

20 Feb 2012

Vodacom Tanzania, a unit of South Africa-based Vodacom Group, says it expanded its customer base by roughly a third to twelve million users last year, and plans to spend USD94 million in the next twelve to 18 months to improve its network coverage and data capabilities. According to Rene Meza, managing director of the Tanzanian operation, the sharp increase in subscribers was driven by people signing up to its mobile money transfer service M-PESA, which has a claimed 85% share of total e-mobile commerce transactions in the country. TeleGeography notes however, that around 18% of Vodacom Tanzania’s mobile users are classed as ‘inactive’ bringing the total number of revenue generating users down to around 9.4 million. Nevertheless, Vodacom’s subsidiary is the largest player in the Tanzanian wireless sector, thanks in part to an investment of TZS1 trillion (USD625 million) over the past ten years, Meza said.

Tanzania, Vodacom Tanzania