Vodacom delivers first quarter revenue growth, with Egypt its star performer
- July 24, 2024
- Infrastructure
- 0 Comments
JSE-listed Vodacom on Wednesday reported that its group revenue expanded 1.5% to R36.2-billion, impacted by foreign exchange rate headwinds, but boosted by its operations in Egypt, during the three months ended June 30. Group service revenue increased 10% on a normalised basis, as Vodacom’s revenue diversification strategy – by product and geography – starts bearing fruit in a challenging economic environment in recent years.
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