PIETER UYS, GROUP CEO commented: “The last 14 months have been seminal for the Vodacom
Group. We concluded our BBBEE transaction and
acquired the leading pan-African carrier services and
connectivity provider, Gateway. We said farewell to one
of our founding shareholders, Telkom, and became a
subsidiary of the other, Vodafone Group, making us part
of the world’s leading mobile communications group.
And we listed on the JSE Limited, with some
200 000 new shareholders.”
Statement from the CEO
In an eventful year for the Vodacom Group to 31 March 2009, in which the pervasive impacts of the economic downturn took a heavy toll on many industries worldwide, it is most gratifying to report that the Group continued to show its quality and resilience. Overall we delivered a solid set of results, while making significant progress in our strategy to become a leading provider of total communications in sub-Saharan Africa. We added 5.6 million new customers in the year, taking our total customer base to almost 40 million. In line with our strategic intention to lead the market in affordable access to broadband, we consolidated our position as South Africa’s largest broadband provider and by year end had over 720 000 broadband customers.
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