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Vodacom Business Emerges as South Africa’s Most Trusted Telecommunications Provider

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Vodacom Business Named South Africa’s Most Trusted Enterprise Telecommunications Provider

According to a recent MyBroadband survey of 783 South African executives and ICT managers, Vodacom Business has once again solidified its position as South Africa’s most trusted enterprise telecommunications provider. The survey respondents, all key influencers in ICT purchasing decisions, chose Vodacom Business as their preferred telecommunications partner – with 24% selecting it as their top choice, the highest of any provider surveyed.

This recognition underscores Vodacom Business’s strong market position, built over 15 years of industry expertise and supported by a vast infrastructure network. With the Vodacom Group’s backing, Vodacom Business provides extensive local and international points of presence (POPs), carrier-grade data centers, and a converged self-provisioned IP core, ensuring unmatched reliability and scalability. This infrastructure empowers Vodacom Business to support the data needs of millions of South Africans, including small and medium businesses, large enterprises, and government entities.

Performance Highlights and Financial Growth

Vodacom Business’s commitment to innovation and quality service delivery is evident in its recent financial results. The Vodacom Group’s interim report for the six months ending September 30, 2024, shows notable growth across key performance indicators. Despite industry challenges, Vodacom’s South African operations reported a 2.3% increase in EBITDA to R16.37 billion, and a 2.4% rise in operating profit to R9.84 billion compared to the same period in 2023. This growth has been attributed to improved service stability, particularly as the national electricity grid achieved stability.

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Service revenue also saw a 1.3% increase to R31.1 billion, driven primarily by growth in the consumer segment, prepaid mobile data, and beyond mobile services. Vodacom’s consumer contract revenue grew by 3.6%, and mobile data traffic surged by 32.4% due to increased smartphone penetration and enhanced network quality.

Expanding Connectivity and Service Offerings

Vodacom Business’s growth trajectory is also reflected in its fixed-service offerings. Over the last six months, fixed service revenue rose by 16.7%, with nearly 166,000 homes and businesses reached by its fiber network. This expansion aligns with Vodacom’s commitment to bridging connectivity gaps and enhancing digital transformation for South African businesses and homes.

As Vodacom Business continues to innovate, its position as South Africa’s top telecommunications provider seems set to strengthen. With increased service diversity and enhanced data affordability measures, Vodacom Business’s future in South Africa’s ICT landscape appears promising.

Summary Table of Vodacom South Africa’s Interim Results (Six Months Ending September 30, 2024)

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Measure 2024 2023 Change
Service Revenue R31.1 billion R30.7 billion +1.3%
EBITDA R16.4 billion R16 billion +2.3%
Operating Profit R9.8 billion R9.6 billion +2.4%
Capital Expenditure R4.3 billion R4.8 billion -10.3%

This summary of Vodacom Business’s progress highlights its continued commitment to excellence, making it the telecommunications partner of choice for South Africa’s top enterprises.

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