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<\/a><\/p>\nVodacom South Africa<\/strong><\/p>\n Vodacom South Africa now boasts 43.2 million customers, with service revenue growing 2.1% despite the implementation of deliberate pricing transformation and a low economic growth environment, the group said.<\/p>\n EBITDA declined 1.3% to R27.7 billion, while the EBITDA margin of 38.9% contracted by 1.2 percentage points partially as a result of the roaming agreement with Rain.<\/p>\n Customer revenue increased 1.3% to R47.4 billion, while contract customer revenue increased by 0.6% with contract customers increasing 8.9% to 5.8 million.<\/p>\n Prepaid customer revenue increased by 2.%. Prepaid customer net additions were 1.1 million with ARPU declining by 6.9%,<\/p>\n “ARPU declines are as a direct result of new additions being attracted at a lower spend. Our efforts to reduce the one-off use of SIMs in the market are showing signs of success, ” Vodacom said.<\/p>\n Data revenue grew 3.9% to R24.3 billion, contributing 43.5% to service revenue. The effective price per MB has reduced 23.3% following the implementation of the EUSSC regulations in March, as well as a further out-of-bundle rate reduction of 50%.<\/p>\n Overall data usage drivers were encouraging, said Vodacom Group CEO, Shameel Joosub.<\/p>\n “Data traffic was up 35.6%. Active smart devices on the network were up 7.6% to 19.9 million, of which 10 million are 4G devices. Average usage on these smart devices has improved 23.2% to 966MB.”<\/p>\n Looking ahead, Joosub said the group continues to make good progress in key strategic pillars. “We expect the solid momentum from our digital services platforms to continue.<\/p>\n “Further, the strategic partnerships being formed by our Enterprise business will strengthen our IoT offers and Enterprise propositions, ultimately to the benefit of consumers.<\/p>\n “The commercialisation of our recently-launched payment gateway and digital wallet will assist in sustaining Financial Services growth in South Africa.”<\/p>\n
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