A branch South African mobile communications provider Vodacom in Cape Town is shown in this picture taken November 10, 2015. REUTERS
JOHANNESBURG, Feb 4 (Reuters) – South African mobile operator Vodacom Group reported on Wednesday a 12.7% rise in service revenue in the third quarter, supported by growth outside its domestic market, particularly Egypt and the Democratic Republic of Congo.
Vodacom, majority-owned by Britain’s Vodafone said group service revenue rose to 34.6 billion rand ($2.17 billion) in the three months ended on December 31 compared to the same period last year.
On a normalised basis, group service revenue jumped 13.6%, “tracking favourably against our medium-term target,” Vodacom said.
($1 = 15.9191 rand)
Reporting by Nqobile Dludla; Editing by Eileen Soreng
