MOBILE PHONE OPERATOR VODACOM REACHES 40 MILLION SUBSCRIBERS MARK IN SOUTH AFRICA

JOHANNESBURG, South African mobile communications company Vodacom says it has added 4.3 million new subscribers for the six months ended Sept 30, 2017 taking the network to 40 million subscribers and making it the country’s largest network by subscriber numbers.

Vodacom, which is majority owned by British telecommunication services group Vodafone, provides voice, messaging, data and converged services to more than 55 million customers in Africa after having grown its operations with networks in Tanzania, the Democratic Republic of Congo (DRC), Mozambique and Lesotho. It also provides business services to customers in more than 40 African countries.

Vodacom said in a statement here Tuesday the number of its pre-paid customers increased by 2.8 million to almost 35 million during the six months to Sept 30, adding that it had grown its subscriber base as a result of better innovation, increased social media platforms, more personalised bundles and smart phones for customers.

Vodacom CEO Shameel Joosub said the company saw an increase in data revenue fuelled by strong demand for data services.

So far this year we have spent 4.5 billion Rand (about 312 million US dollars) on expanding our network. South Africa continues to perform well, driven by good customer growth. Revenue growth was strong at 7.7 per cent, supported by increase of cell devices, mainly smart devices, that will continue to augment our service data growth. Service revenue grew at 4.7 per cent with data revenue growing at 15 per cent and is now contributing more than voice revenue.

Source: NAM NEWS NETWORK