About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, July 22, 2010

Vodacom Growth Curbed by Regulation

Vodacom, one of Africa's leading mobile operators, said that its group revenue increased 3% year-on-year in constant currencies to 14.03 billion South African rand (1.88 billion US dollars), boosted by a 43% increase in data revenue. Vodacom said its growth was curbed by a reduction in regulated mobile termination rates in South Africa, which cut its revenue by approximately 393 million rand in the quarter. source: Vodacom statement

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