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SA boosts Vodafone growth

Nicola Mawson
By Nicola Mawson, Contributor.
Johannesburg, 24 Jul 2006

Vodafone`s South African subsidiary added 761 000 customers to its subscriber base in the last quarter, says the UK mobile operator, which has a 50% stake in Vodacom.

Announcing key performance indicators for the quarter ended 30 June, Vodafone said its emerging market operations had continued to perform well, with strong performance in Romania, Egypt and SA.

Vodafone`s stake in Vodacom now accounts for 11.8 million proportionate customers, up from 11 million at the end of March, of which almost 90% are prepaid, it said. Vodacom had a total subscriber base of 23.5 million at the end of March, the company said previously.

However, the definition of South African customers is extended to include subscribers in the Democratic Republic of Congo, Lesotho, Mozambique and Tanzania. Net additions for the quarter include the 200 000 disconnections that resulted from a change in the definition of an active customer to exclude calls forwarded to voicemail.

Vodafone noted that, at country level, service revenue growth in SA assumes its increased stake is reflected in the whole of the current quarter and the same quarter last year.

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