Vodacom Group customers surpass 200-million for first time

Telecommunications giant Vodacom on Friday reported that it has increased group revenue by 26.8% to R38.9-billion during the quarter ended December 31, 2023, with a positive impact from the company’s Vodafone Egypt acquisition. The group’s service revenue, including Vodafone Egypt on a pro-forma basis, increased 8.8%, supported by a 29.1% growth in Vodafone Egypt’s service revenue, in local currency, with Egypt financial services customers surging 55.5% to 7.5-million.