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Published by | frost-sullivan |
Published | 11 November 2013 |
Reads | 8 |
Language | English |
Exrait
PR Newswire
CAPE TOWN, South Africa, Nov. 11, 2013
- Vodacom releases interim financial results
Vodacom and MTN, the country's two largest mobile operators, have faced challenges over the last few periods, which they have not had to endure over the last five or six years. The local mobile market is rapidly approaching saturation; with Cell C and Telkom Mobile offering greater competition and the regulator playing a bigger role in driving prices down. This pressure is being reflected in performance, as Vodacom posted very moderate growth from local operations. The operator, however, continues to benefit from its geographic diversification as operations in other parts of Africa remain a major source of growth.
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