JOHANNESBURG - Mobile communications company Vodacom on Monday said its group revenue was up 3.9 percent in the six months ended September 30, supported by service revenue growth of 4.2 percent.
Vodacom said it added 2.7 million customers in South Africa and its international operations and 2.7 million in Safaricom during the period, to serve a combined 115 million customers across the group.
The company, a subsidiary of British firm Vodafone, is the largest mobile network operator in South Africa with significant operations in Lesotho, Tanzania, the Democratic Republic of Congo, Mozambique and Kenya, through Safaricom.
On Monday it said South Africa service revenue grew 0.3 percent in the half year under review, supported by the turnaround to growth in the second quarter as a drop in out-of-bundle income was offset by improved data elasticity and the completion of the full onboarding of its new roaming partner.
"Our international portfolio remains a star performer, growing service revenue by 15.5 percent in a period characterised by macro and political stability and high demand for data and M-Pesa services in each operation," group CEO Shameel Joosub said.