Vodacom: Cheaper Android, cheaper data bundles
Vodacom plans on launching a smartphone for under a grand!
Vodacom plans on launching a smartphone for under a grand!
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Keep bundles at same price, but double the data.
Why is Uys talking in Dollars?
+1 for cheaper bundles
I've been hit hard by VCM since I've changed from Virgin Mobile :/
Other interesting pointers that came out of the results include:
-A 4.5% increase in revenues to R61.2bn from R58.5bn in the prior period.
-EBITDA margins remained stable at 33.7% with the group generating R20.6bn EBITDA in the current financial year.
-Operating profit improved by 21.9% to R13.7bn, from R11.2bn previously, despite a further impairment of R1.5bn of the Gateway operations.
-Contract customers grew by 14% to 5.1m, and ARPU – average revenue per user –grew to R157 from R132.
-Vodacom declared a final dividend of 280c per share, bringing the total dividend for the year to 460c per share.
-It appears that the market liked Vodacom’s latest set of results as its share price closed at a 52-week high of R81.70, up 2% from Friday’s close.