Vodacom targets 10m banking customers in second try with M-Pesa

By Bonnie Tubbs, Telecoms editor at ITWeb: From acquiring one million users over four years, to signing up 10 million users in five – this is the turnaround Vodacom is hoping for, as it tries for the second time to get its M-Pesa mobile money service off the ground in SA. But, is Vodacom’s ambition of having about a … Read more

Vodacom quarterly results show spike in data revenue and active customers

Vodacom released its quarterly update for the period ended 30 June 2014. Vodacom holds a current market cap of R187.6bn and is trading at a price to earnings ratio of 14.08. Its share price is up 9.65% over the last year. Overview of results: Group revenue increased 4.3% (2.7%*) to R18 287 million Group service revenue … Read more