Vodacom’s half-year profit jumped 25.7%, driven by broad market growth and an expanded stake in Kenya’s Safaricom.
The South African (SA) mobile telecommunications operator announced that its headline earnings per share rose to $0.35 for the six months ended September 30, up from $0.28 a year earlier.
Meanwhile, Vodacom Group Chief Executive Officer Shameel Joosub says a recovery in SA’s prepaid market supported growth from all markets, particularly Kenya, Egypt, Tanzania, the Democratic Republic of Congo and Lesotho.
–ChannelAfrica–
