Vodacom’s normalised revenues in its third financial quarter ended 31 December 2014 fell by 1,1% year on year to R20bn, with service revenue down by 2,7% to R15,8bn, despite the group adding 5,1m customers
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“Happy families are all alike; every unhappy family is unhappy in its own way.” So reads the opening line of Leon Tolstoy’s Anna Karenina. The novel comes to mind when looking at the prospects that confront mobile money. Success stories have many similarities, but failed efforts fail for their own
M-Pesa has seen an impressive uptake for Vodacom in Tanzania, but the telecommunications operator has struggled to get a solid footing for the mobile money platform in its home market of South Africa. Part of the reason for success in Tanzania, where
How is this for ambitious? Vodacom in South Africa is hoping to sign up 10m subscribers to its M-Pesa mobile banking and payments platform within the next five years. To put that in context, the cellular operator managed to
There’s a revolution under way, and this one’s not being agitated by the working class, although they certainly have their part to play. It is being waged by banks, cellphone providers and entrepreneurs hoping to capitalise on a mobile commercial market that is estimated will be worth more than US$800bn by 2016 and have more than 400m users
It’s been a busy news week on the technology front. Your hosts Duncan McLeod and Regardt van der Berg tackle some of the bigger developments in this week’s episode of TalkCentral. Items on the agenda this week include Vodacom’s relaunch of
Will it be a case of second time lucky for Vodacom? The mobile operator has finally relaunched M-Pesa, the mobile payments platform that has proved enormously successful in Kenya and Tanzania, in South Africa, hoping it will
Vodacom has shown good growth in the user base of its South African operation, and turned in a healthy service revenue increase in its international services for the quarter to June 2014. Group revenue for the quarter
South Africa’s cellular operators have been trying for years to crack the mobile commerce code, but haven’t been able to repeat the successes they’ve had in countries such as Kenya, Tanzania and Uganda. MTN, working with Pick n Pay, may just have found the key to success at
In the mid-1990s, there were fewer telephone connections in the whole of sub-Saharan Africa than there were in Manhattan. What a difference two decades has made: by the end of this year, there will be more than 635m active telephone subscriptions on the sub-continent. That number is twice the population of