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WATCH: Vodacom’s full-year net profit edges lower
Vodacom CEO Shameel Joosub spoke to Business Day TV about the decline and the company’s strategy
13 May 2019 - 17:34
Mobile giant Vodacom reported a 4.3% rise in annual revenue, but for the first time in four years the company registered a decline in net profit. That is a result of a fall in data prices and the costs associated with the group's new BEE ownership deal. Vodacom CEO Shameel Joosub spoke to Business Day TV about the decline and the company’s strategy.
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