Vodacom reports strong 2021 first quarter

Telecommunications giant Vodacom has reported strong results for the quarter ended June 2021 on the back of a good performance in South Africa and a recovery in the international business. Group revenue climbed 9% to R24.8-billion, while group service revenue increased 2.2% to R19.2-billion. On a normalised basis, this represented growth of 14.2% and 7.8% respectively, as the group’s international business growth accelerated.

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