Vodacom SA subscribers grow to 34.1 million

Vodacom has reported an 8.7% jump in revenue for the quarter ended December 2015, as group customers grew to 65.3 million.

Total active customers in South Africa increased 8.7% year-on-year to reach 34.1 million.

For the quarter, the group posted R21.74 billion in revenue, R17.11 billion of which came from South African markets.

Group data revenue increased 27.5% year-on-year to R5.52 million, representing 32.0% of service revenue.

Contract customer additions in the quarter were negatively impacted by 75,000 disconnections by Altech Autopage (Pty) Limited, resulting in overall flat year-on-year growth in the contract customer base.

South Africa ARPU was stable as data revenue contribution increased and the voice revenue trend improved.

“Customer demand for high speed mobile data is growing across our footprint, supporting a 27.5% increase in Group data revenue,” said group CEO, Shameel Joosub.

“Active data customers increased 14.5% to 30.3 million as we increased sales of more affordable data devices in the quarter.”

Joosub said that the group expects revenue growth to taper slightly into the last quarter of the financial year due to a stronger prior year comparative and a weaker outlook for the consumer in South Africa due to the drought and weaker exchange rate.

On the capex side, capital expenditure in the quarter of R2.2 billion allowed Vodacom to expand LTE/4G population coverage to 54% from 47% at 30 September 2015, while its 3G population coverage now stands at 98.3%.

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Vodacom SA subscribers grow to 34.1 million