Vodacom hikes Red and Top Up contract prices

Vodacom explained it had faced a range of challenges that impacted it financially.

These factors included increased battery theft, base station vandalism, and a challenging economic climate with inflation, exchange rate pressures, and intensified load-shedding.
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On the back of record sales in the last two years, too. Eish, must be tough.
 
If they pull an MTN on me and try charge me the increase on the base cost of the contract and not the reduced rate that I actually pay.
It will mean the increase will be huge and on principle I'll have to do my best to fight it.

For interest sake I get 40gb anytime 20gb night owl 10gb video ticket and 250 minutes.
Anyone want to guess what I pay?
 
Same happened last year. Looks like a yearly thing now for vodacom.
 
Sir Bob said:
If they pull an MTN on me and try charge me the increase on the base cost of the contract and not the reduced rate that I actually pay.
It will mean the increase will be huge and on principle I'll have to do my best to fight it.

For interest sake I get 40gb anytime 20gb night owl 10gb video ticket and 250 minutes.
Anyone want to guess what I pay?
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This is my question as well. I have a Black Friday deal from 2021. So is the increase percentage based on my current reduced subscription rate, or the "normal" rate? If on the normal rate, my actual percentage increase will be substantial.
 
zoozi said:
No collusion to be seen here, move along. Wouldn't be the first time.
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I dont understand how the competition commission doesnt see a pattern here. Also as journalists why is MyBB @Jan @rpm not asking these questions of the networks and also the commission?
 
Ecco said:
I dont understand how the competition commission doesnt see a pattern here. Also as journalists why is MyBB @Jan @rpm not asking these questions of the networks and also the commission?
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Er, because costs have gone up substantially in the past two years: Exchange rate, Loadshedding costs, Theft and vandalism.

If employees and shareholders deserve a CPI increase, then prices must go up...
 
Shareholders are not owed anything other than ensuring the company remains sustainable. They're not entitled to increases in the share price or dividends.
 
Gaz{M} said:
Er, because costs have gone up substantially in the past two years: Exchange rate, Loadshedding costs, Theft and vandalism.

If employees and shareholders deserve a CPI increase, then prices must go up...
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I don't dispute costs going up, but in each case they all increase around the same time and with about the same increases.

In a competitive environment this is not a co-incidence.
 
Vodacom are struggling. They need the money. 1st half 2023 results:
  • Revenue: R53.7b
  • Net income: R7.74b
  • Profit margin: 14%
 
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