Vodacom Group reported a 5.2% year-on-year improvement in quarterly revenue on the back of a “resilient” performance in its home market.
Browsing: Vodafone Egypt
Vodacom Group is mulling a bond issue and will pay a smaller proportion of its earnings in dividends as it looks to finance new growth plans.
Vodacom Group’s planned acquisition of Vodafone Egypt from its parent, Vodafone Group, has received the go-ahead from shareholders.
Vodacom Group is targeting a 27% expansion in its financial services customer base to 73 million by March 2024.
Vodacom Group is entering North Africa for the first time, announcing on Wednesday that it will acquire Vodafone Egypt from parent Vodafone Group for R41-billion.