Vodacom reports profits up for financial year 2011

[jes]

Vodacom reports profits up for financial year 2011 (http://mybroadband.co.za/news/business/20294-Vodacom-increases-profits-financial-year-2011.html)

Vodacom today (16 May 2011) released their latest financial results, showing a 28% increase in year-on-year profits

[RJMadCat]

Vodacom reports profits up for financial year 2011 (http://mybroadband.co.za/news/business/20294-Vodacom-increases-profits-financial-year-2011.html)

Vodacom today (16 May 2011) released their latest financial results, showing a 28% increase in year-on-year profits

And that is EXACTLY what they care about.. $$$$$$$$$$$$

[wabbit16]

And that is EXACTLY what they care about.. $$$$$$$$$$$$
+1, it's all about profit and not customer satisfaction here in SA

[Reelix]

+1, it's all about profit and not customer satisfaction here in SA

And if they decrease their R389 -> 2.3GB Databundles by even R1 - It will make me considerably happier than all this information about how they're making money, and I'm loosing it ....

[nelwa]

And that is EXACTLY what they care about.. $$$$$$$$$$$$

Well they are a capitalist corporation after all...what we as consumers should do is boycott all these overpriced products, but as long as everybody buys it, why will they drop their prices?

[Mercuriu§]

Well done Vodacom, you manage to take more of my money than last year, thanks in part to your 'high' speed network being able to drain my data at R2/mb faster than before.
At least the shareholders are happy...

[encrypted]

IF i was Vodacom I would stop pointing out how you're raping the consumer, just a thought ?

[Ol' Mean Bastid]

For those that can't find the actual profits in the article because they're not stated, they made an operating profit of R13.7bn (improved by 21.9%), from R11.2bn previously. That's billions of profit, just in case you've never felt that you're being ripped off :mad: