Vodacom has reported a strong third quarter performance, boosted by sustained growth in Egypt and its international business.
Group revenue grew 11% to R43.9bn in the quarter ended December, and by 11.7% on a normalised basis, which presents performance on a comparable basis.
Group service revenue grew 12.7%, with normalised growth of 13.6%.
South African service revenue increased 1.4%. Egypt grew service revenue by 39% to R9.5bn, with Egypt financial services revenue up 59.4%.
International business service revenue increased by 12.6%, with normalised growth accelerating to 15.4%, Vodacom said in a statement on Wednesday.
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