{"id":972989,"date":"2025-11-10T17:19:17","date_gmt":"2025-11-10T11:49:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=972989"},"modified":"2025-11-10T22:55:40","modified_gmt":"2025-11-10T17:25:40","slug":"south-african-telco-vodacoms-interim-profit-jumps-32-on-solid-service-revenue","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/10\/south-african-telco-vodacoms-interim-profit-jumps-32-on-solid-service-revenue\/","title":{"rendered":"South African telco Vodacom&#8217;s interim profit jumps 32% on solid service revenue"},"content":{"rendered":"<p>Vodacom Group, South Africa&#8217;s biggest telecoms operator, reported a nearly 33% jump in interim profit on Monday, driven by double-digit service revenue growth and expansion of its financial services.<\/p>\n<p>The company, majority owned by Britain&#8217;s Vodafone, said its headline earnings per share (HEPS), a key profit measure in the country, jumped to 467 cents in the six-month period ended September 30, up from 353 cents last year.<\/p>\n<p>The figure includes a settlement from a 17-year legal dispute over a call-back service, which Vodacom had not previously disclosed.<\/p>\n<p>SBG Securities on Friday estimated the settlement at roughly 500 million rand ($28.88 million), based on the mid-point of Vodacom&#8217;s revised HEPS estimate range of 459 cents and 494 cents.<\/p>\n<p>Group service revenue climbed 12.2% to 65.8 billion rand, while normalised service revenue grew 13.6%, surpassing the company&#8217;s medium-term target of double-digit growth.<\/p>\n<p>Beyond mobile services, including financial and digital offerings, made up 21.8% of service revenue, with financial services alone up 20.3% at 8 billion rand, representing 12.2% of total group revenue.<\/p>\n<p>The group declared an interim dividend of 330 cents apiece.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vodacom Group, South Africa&#8217;s biggest telecoms operator, reported a nearly 33% jump in interim profit on Monday, driven by double-digit service revenue growth and expansion of its financial services. The company, majority owned by Britain&#8217;s Vodafone, said its headline earnings per share (HEPS), a key profit measure in the country, jumped to 467 cents in the six-month period ended September 30, up from 353 cents last year. The figure includes a settlement from a 17-year legal dispute over a call-back service, which Vodacom had not previously disclosed. SBG Securities on Friday estimated the settlement at roughly 500 million rand ($28.88 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-972989","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/972989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=972989"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/972989\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=972989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=972989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=972989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}