Vodacom Revenue Rises Amid Strong Growth Across Divisions.

Vodacom Group reported Q1 revenue of 40.03 billion South African rand ($2.28 billion), up from 36.21 billion rand in the same period last year, driven by growth across its divisions. Service revenue rose to 32.26 billion rand, and Vodafone Egypt service revenue increased to 8.495 billion rand. The company remains confident in achieving its medium-term targets, including double-digit revenue growth and 13.0%-14.5% capital expenditure as a percentage of revenue.