16-05-2016 08:41 via news.yahoo.com

South Africa's Vodacom FY earnings rise 2.7 pct on data demand

South African mobile phone operator Vodacom reported a 2.7 percent increase in full-year earnings on Monday, buoyed by growth in data revenue. The South African unit of Britain's Vodafone has spent billions to expand its network in recent years with a strong focus on providing faster internet to its customers as more of them get smartphones. "The acceleration in network investment over the past two years is true success story of effective capital investment to ensure growth in revenue and custom
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