Vodacom Group (OTC) ( (VDMCY) ) has released its Q1 earnings. Here is a breakdown of the information Vodacom Group (OTC) presented to its investors.
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Vodacom Group Limited is a telecommunications company based in South Africa, providing a range of communication services, including mobile and financial services, across multiple African countries.
In its latest earnings report for the quarter ending June 2025, Vodacom Group showcased strong financial performance with significant revenue growth across its various segments, particularly in its international markets and financial services.
The company reported a 10.6% increase in group revenue to R40.0 billion, with service revenue growing by 11.4%. Notably, Egypt’s service revenue surged by 43.8% in local currency, while the financial services segment saw an 18.1% increase, highlighting the company’s strategic focus on diversifying revenue streams. Vodacom’s mobile money platforms processed a substantial US$460.0 billion in transactions over the past year, underscoring its leadership in fintech within Africa.
Vodacom’s international business also performed well, with a 9.7% increase in service revenue. The company continues to invest heavily in network expansion and digital services, aiming to enhance customer experience and drive growth across its markets. South Africa’s performance was bolstered by contract segment growth and increased data traffic, despite a slight decline in the prepaid segment.
Looking ahead, Vodacom remains committed to its Vision 2030 targets, focusing on expanding its customer base and financial services reach. The company plans to accelerate connectivity and digital service rollouts, leveraging partnerships and infrastructure sharing to drive growth and connectivity across Africa.