Vodacom is suffering due to out-of-bundle data price cuts

Bradley Prior

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Vodacom is suffering due to out-of-bundle data price cuts

Vodacom has released a trading update for the quarter ended 30 June 2019, outlining its financial performance over the period.

The company’s group revenue grew by 1.9% to R21.5 billion, with service revenue increasing by 3.9% to R17.4 billion compared to the same period last year.
 

system32

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Profits are suffering because unethical business practices being disallowed by the regulator - good.

The article seem to imply that Vodacom's profits was based on the dodgy practice of no OOB block and data expiry theft.

Does Vodacom auto-enroll you into a bundle to bypass the spirit of the ICASA OOB block?

Has the unetical practice of data expiry theft been address by ICASA/Consumer Protection Act (CPA)?
IIRC, the CPA states 3 years.
 

Johnatan56

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Profits are suffering because unethical business practices being disallowed by the regulator - good.

The article seem to imply that Vodacom's profits was based on the dodgy practice of no OOB block and data expiry theft.

Does Vodacom auto-enroll you into a bundle to bypass the spirit of the ICASA OOB block?

Has the unetical practice of data expiry theft been address by ICASA/Consumer Protection Act (CPA)?
IIRC, the CPA states 3 years.
I wonder what the knock would be if they finally disallowed WASP.
 

elf_lord_ZC5

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Regardless, they are still making obscene profits, and generally better growth than many others in these economically challenging times.
 

P924

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Not suffering nearly as much as the people that got bit by their OOB shark!
 

The_Librarian

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But what about their shareholders? Yes, you heard right, shareholders. Apparently shareholders are the most important thing any company can have, not their employees or other assets. Shareholders apparently are the most important asset of them all, and must be kept satisfied at all costs.

/s
 

elf_lord_ZC5

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But what about their shareholders? Yes, you heard right, shareholders. Apparently shareholders are the most important thing any company can have, not their employees or other assets. Shareholders apparently are the most important asset of them all, and must be kept satisfied at all costs.

/s
The most abominable animal on earth is known as a shareholder.
 

supersunbird

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But what about their shareholders? Yes, you heard right, shareholders. Apparently shareholders are the most important thing any company can have, not their employees or other assets. Shareholders apparently are the most important asset of them all, and must be kept satisfied at all costs.

/s
The most abominable animal on earth is known as a shareholder.
If you have a pension fund, you are probably a shareholder (even if indirectly) in Vodacom, I know I am.
 

JimM

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A pal of mine gets 80GB of data and unlimited calls for R50 in Australia... Since 1994 there has always been a bullshot reason for data being so expensive and as each hurdle was bypassed a new reason was found! Methinks Vodacom Monopoly Capital...
 

akescpt

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'suffering'. tsek. how much million will the ceo lose? shame man. yeah. dont think he will end up in the poor house.
 

maeztro

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Still no effective data roll-over. And I see this morning they changed their pre-paid data tiers. Removed the 2 Gig option.
 

The_Librarian

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Company saved a lot of money by moving over to telkom mobile... will not be surprised if this trend accelerate and others also start migrating over.
 

spiff

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Vodacom is suffering due to out-of-bundle data price cuts

Vodacom has released a trading update for the quarter ended 30 June 2019, outlining its financial performance over the period.

The company’s group revenue grew by 1.9% to R21.5 billion, with service revenue increasing by 3.9% to R17.4 billion compared to the same period last year.
ag shampies - they didn't make their targets so NO multimillion rand bonus this month:whistling:
 

access

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...erm... there were multiple articles and posts here, where it was stated that the oob revenue is insignificant.

friggin hilarious
 
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