Vodacom Press Releases
Vodacom pays shareholders over R2-billion in annual dividends
Monday, 7 June 2004 Major highlights: - Group revenue growth of 18.7% to R23.5billion
- Net profit growth of 36.9% to R3.0billion
- Shareholder distributions of R2.1 billion
- Group data revenue growth of 58.9% to R1.0 billion
- Group total customers up 29.7% to 11.2 million
- Vodacom Mozambique launched December 2003
- Acquired 51% of Smartphone SP in March2004
Vodacom finalises purchase in Smartcall
Saturday, 3 April 2004 Following competition commission approval for the transaction, Vodacom Group (Pty) Ltd this week finalised the acquisition of a 51% equity stake in one of its exclusive service providers Smartphone SP (Pty) Ltd trading as Smartcall. This is in line with its strategy to gain control of its distribution chain. Smartcall is focussed only on the prepaid market and at the effective date of acquisition, 1 March 2004, had 2,720,551 registered prepaid subscribers.
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