Vodacom Is Providing Fibre To 110 000 Customers In South Africa

Vodacom Business service revenue grew 6.1% to R3.9 billion in the quarter ended 31 December 2020.

Vodacom Business
Vodacom Business. Image source: Wesgro

Vodacom is providing fibre to more than 110 000 home and business customers in South Africa.

The Vodafone-owned company said on Tuesday that its fibre customers more than doubled year-on-year to 110 000 homes and businesses connected.

“Also, our owned fibre roll-out continued, and we passed 139 000 homes and businesses as at 31 December 2020, up 39.8%,” the company said in a statement.

The company also announced strong growth for its business unit.

Vodacom Business service revenue grew 6.1% to R3.9 billion in the quarter ended 31 December 2020, with corporate and university data demand moderating from the elevated levels recorded in the first six months of the financial year.

The company said Vodacom Business fixed-line revenue grew 10%, excluding wholesale transit business, supported by strong growth in cloud and hosting and connectivity revenue.

The Internet of Things (IoT) connections were up 18.8% to 5.6 million with revenue increasing 39.1% to R313 million, said Vodacom.

Also, Vodacom Business finalised an expanded roaming agreement with Cell C related to its contract and mobile broadband customers.

Last month embattled Cell C informed the market that it had started migrating its contract and broadband customers to rival Vodacom.

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