South African mobile group Vodacom has seen significant revenue growth in the third quarter ending 31 December 2025, bolstered by strong international operations.<\/p>\n\n\n\n
In a quarterly update for the period, the group saw revenue increase 11% to R43.9 billion, with service revenue climbing 12.7% to R34.6 billion.<\/p>\n\n\n\n
South Africa service revenue growth increased 1.4% to R16.4 billion, supported by beyond mobile.<\/p>\n\n\n\n
However, the double-digit growth in service revenue was primarily driven by its Egypt operations, where service revenue rose 39.0% to R9.5 billion.<\/p>\n\n\n\n
The quarter was also host to significant acquisitions. <\/p>\n\n\n\n
In December, Vodacom announced an agreement to acquire an additional 20% stake in Safaricom for a total consideration of US$2.1 billion.<\/p>\n\n\n\n
This reinforced the group’s strategic investments in high-growth markets in East Africa, particularly Kenya and Ethiopia.<\/p>\n\n\n\n
In November, the group finalised its acquisition of a strategic stake in South African fibre business Maziv and received ICASA\u2019s final approval.<\/p>\n\n\n\n
Through the deal, Vodacom aims to accelerate fibre deployment and expand access to high-quality connectivity, particularly in historically underserved communities. <\/p>\n\n\n\n
“From a financial performance perspective, the ideal start that we delivered in the first half of the year to our bold Vision 2030 ambitions continued into the third quarter,” the group said.<\/p>\n\n\n\n
“This encouraging momentum underscores our confidence in the group\u2019s medium-term growth trajectory in an operating environment shaped by macroeconomic and currency stability, which should bode well for the group\u2019s performance for the full financial year.”<\/p>\n\n\n\n
Vodacom said the quarter benefited from sustained growth in Egypt and its International business \u2013 including a strong performance in DRC \u2013 while South Africa delivered modest but satisfactory revenue growth against a particularly strong comparative quarter last year. <\/p>\n\n\n\n
Looking ahead, the group said it is focused on delivering its medium\u2011term targets.<\/p>\n\n\n\n South African mobile group Vodacom has seen significant revenue growth in the third quarter ending 31 December 2025, bolstered by strong international operations.<\/p>\n","protected":false},"author":10,"featured_media":793388,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[24667,27],"class_list":["post-849753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-trading-update","tag-vodacom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/849753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=849753"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/849753\/revisions"}],"predecessor-version":[{"id":849754,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/849753\/revisions\/849754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/793388"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=849753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=849753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=849753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Q3 Ended 31 December<\/th> 2025
(Rm)<\/th>2024
(Rm)<\/th>YoY % Change
Reported<\/th>YoY % Change
Normalised*<\/th><\/tr><\/thead>Group Revenue<\/strong><\/td> 43,898<\/strong><\/td> 39,531<\/strong><\/td> 11.0%<\/strong><\/td> 11.7%<\/strong><\/td><\/tr> South Africa<\/td> 24,002<\/td> 23,865<\/td> 0.6%<\/td> 0.6%<\/td><\/tr> Egypt<\/td> 11,108<\/td> 7,767<\/td> 43.0%<\/td> 43.7%<\/td><\/tr> International<\/td> 9,359<\/td> 8,179<\/td> 14.4%<\/td> 17.4%<\/td><\/tr> Group Service Revenue<\/strong><\/td> 34,606<\/strong><\/td> 30,693<\/strong><\/td> 12.7%<\/strong><\/td> 13.6%<\/strong><\/td><\/tr> South Africa<\/td> 16,418<\/td> 16,192<\/td> 1.4%<\/td> 1.4%<\/td><\/tr> Egypt<\/td> 9,506<\/td> 6,837<\/td> 39.0%<\/td> 39.7%<\/td><\/tr> International<\/td> 8,813<\/td> 7,829<\/td> 12.6%<\/td> 15.4%<\/td><\/tr><\/tbody><\/table><\/div>