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 Tuesday, July 22, 2008

South Africa’s Vodacom Group has reported a 6.6% increase in subscriber numbers in the twelve months to the end of June, with the operator claiming 34.6 million customers in South Africa, Tanzania, the Democratic Republic of the Congo, Lesotho and Mozambique. The company says revenues for the quarter ended 30 June were up 14.5% year-on-year. Full financial results for the period will be released next month. Vodacom is owned by Telkom South Africa and Vodafone, though the UK group is looking to increase its stake.

Source: TeleGeography.