Vodacom 6M revenue up 6.9%; subscriber base passes the 50m mark

12 Nov 2012

South Africa-based Vodacom Group has reported consolidated revenues of ZAR29.68 billion (USD3.40 billion) for the six months ended 30 September 2012, up 6.9% on the corresponding year-earlier period. The carrier’s domestic unit, Vodacom South Africa, accounted for ZAR23.80 billion of total sales (up 1.3% year-on-year), with international operations generating a further ZAR5.99 billion (up 36.5% y-o-y). In operational terms, Vodacom South Africa remains the firm’s largest unit by subscribers, with 30.783 million ‘active’ customers reported at the end of September, of which 25.031 million were pre-paid users. Elsewhere, Vodacom units in Tanzania, Democratic Republic of Congo (DRC), Mozambique and Lesotho all increased their active subscriber bases in the six months ended 30 September. Tanzania grew its user base 6.4% to 8.968 million users, whilst Mozambique weighed in with 2.734 million customers (up 20.2%) and Democratic Republic of Congo contributed 6.696 million subscribers (up 40.0%). Finally, Lesotho grew its mobile base to 943,000, an annual rise of 28.1%.