Vodacom said its revenue rose 7.4% on a organic basis in the year to March 31 to 75.71 billion South African rand (7.32 billion US dollars). However, the rise in service revenue was more modest at 3.7% on an organic basis, as declines in voice and messaging revenue partially offset a sharp rise in data revenue.
Vodcaom said it will be increasing capital investment over the medium term to between 14% and 17% of group revenue. That figure was 14% in the year ending March 31.
Vodacom said in its international division (its operations in Tanzania, the Democratic Republic of Congo, Mozambique, Nigeria and Lesotho) mobile financial services "continue to grow well" with M-Pesa customers increasing 21.6% to 6 million. In Tanzania, M-Pesa contributed 18.8% (2013: 14.1%) to service revenue. source: Vodacom presentation
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