Connecting Africa is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

4G/5G

Vodacom reports strong end to 2019

Article Image
Vodacom reported strong financials for the final three months of 2019, with revenue up 6.6% year-on-year to R23.6 billion (US$1.6 billion) for the quarter.

Vodacom added 484,000 customers in South Africa, supported by a successful summer campaign, while the international operations added 1.7 million customers during the three months.

"Our sustained investment programme, aimed at delivering a better experience for customers in each of the countries where we operate, continues to yield results. This is reflected in the additional 2 million customers that we connected during the quarter," said Joosub in a statement.

He said Vodacom now has more than 117 million customers across the Group, if you include its shareholding in Safaricom in Kenya.

In South Africa service revenue grew 4.6% year-on-year to R13.6 billion (US$920 million), supported by increased data uptake. International operations also delivered service revenue growth of 9%, with strong growth in data and M-Pesa revenues.

"Notable contributions from our Financial Services and Enterprise businesses saw service revenue in South Africa rise by 4.6% despite a subdued economy," Joosub said.

"As expected, growth trends improved across a number of metrics in South Africa following the significant impacts over the past year from our ongoing pricing transformation strategy. These included substantial cuts in out-of-bundle tariffs and lower bundle prices, resulting in a circa 50% decline in effective data prices since March 2016," he added.

Joosub was particularly pleased with the consistency in the performance of the international portfolio, and said the operations outside South Africa, including Safaricom, now contribute over 40% to group service revenue.

Tanzania troubles
"In January we had to disconnect 1.7 million customers in Tanzania, as a result of customer registration requirements, primarily due to the lack of government approved identification documents. This will have an impact on our growth in Tanzania, however we expect to reconnect many of these customers over the short to medium term once biometrically registered," he explained.

On January 20 Vodacom confirmed that 157,000 of its customers in Tanzania had been barred from accessing services after failing to register their SIM cards biometrically. (See Tanzania Cracks Down on Unregistered SIMs.)

Now it says that between January 20 and 31 the number rose to 1.7 million SIM cards. It says that at the end of January an additional 5 million SIM cards remain unregistered and it is awaiting instruction from the Tanzania Communications Regulatory Authority on how to proceed with this group of customers.

— Paula Gilbert, Editor, Connecting Africa

Innovation hub

Story

Orange opens Digital Centers in Côte d’Ivoire and Cameroon

Orange has launched two new Digital Centers, one in Côte d'Ivoire and another in Cameroon, with plans to open more in Africa this year and into 2022.

Story

Connecting Africa Podcast: Ep. 2 – Life, death and affordable legal tech

In the second installment of the Connecting Africa Podcast, the team chats with Life.file Co-Founders Sinal Govender and Claire Keet, who are approaching legal tech in a unique way and helping people digitally get their ducks in a row before they die.

More Innovation hub

Latest video

More videos

Guest Perspectives

Story

Omdia View: September 2021

By Omdia Analysts

This month's Omdia View covers Africell's Ugandan exit and MTC's Namibian stock exchange IPO; as well as Netflix's free Kenyan offering and a new broadband service in SA from Multichoice and MTN.

Story

Omdia View: August 2021

By Omdia Analysts

Omdia's analysts provide context and analysis about MTN's decision to exit Syria and not bid again for an Ethiopian license, as well as 5G news from Mauritius, Ghana, Mayotte and Reunion.

More Guest Perspectives

Partner perspectives

All Partner Perspectives

AfricaCom perspectives

Story

Digital inclusion as a catalyst for economic empowerment: Mastercard's Imelda Ngunzu

Mastercard's Imelda Ngunzu talks to Connecting Africa about how digital payment solutions and mobile money are transforming the lives of small business owners, women and marginalized groups in East Africa.

Story

Accelerating women in STEM: In conversation with GirlCode's Tinyiko Simbine

GirlCode co-founder and CFO Tinyiko Simbine talks about why it's important to help girls and young women excel in science, technology, engineering and mathematics (STEM) fields.

Story

How Poa Internet is unlocking meaningful connectivity in East Africa

Poa Internet's CEO Andy Halsall shares his views on what it takes to develop last-mile connectivity and get Africans online in a meaningful way.

More AfricaCom perspectives

Upcoming events

More Upcoming events

Flash poll

All polls

Upcoming webinars

The Future of Work

Exploring the infrastructure and tech that are paving the way for Africa’s Digital Future. As Africa heads towards the Fourth Industrial Revolution, it is crucial for businesses to harness the potential of its human capital to thrive through digital transformation. The webinar series will provide the opportunity to debate the challenges and opportunities around skills, evolving demographics, learning and development, talent, and employee engagement.

This is the second and final webinar in a short series focussing on the future of work in Africa. These special digital sessions explore how education and skills training are critical foundations of building 4IR-ready workforces equipped to deliver on the promise of more efficient and inclusive digital economies. We’ll explore some of the enduring challenges facing the sector, and look at how skills development and tech integration is driving disruptive progress across industry vertical.

Register Here >>

Meeting SME’s where they are - Building inclusive ecosystems for Africa’s small business owners

Micro and small businesses have been, and still are, the spine and lifeblood of the African economy, making up 90% of businesses on the continent.

Many of these businesses have still been operating in traditional ways and serving non-digital customers. With Covid-19 expediting the digital transformation process, businesses - big and small - have been forced to adapt to operate successfully in a more digital-first environment.

To ensure that the digitalization of Africa’s market doesn’t leave micro and small businesses behind, digital solutions must be inclusive and create business-ready environments. But how can we ensure that African SMEs become digitally enabled?

In this webinar we will share from our own experience on how to create such an environment, and the actions we took in vcita to get there, including:

  • Closing the digital literacy gap through tech inclusion 
  • Making a positive impact on local communities
  • Building the foundations for digital inclusion and small business growth in a technology-accelerated world
  • Building the foundations for digital inclusion and small business growth in a technology-accelerated world

Register Here >>

More Webinars

Sponsored video

More videos

Like us on Facebook

Newsletter Sign Up


Sign Up