NEWS ANALYSIS: MTN has Vodacom in its sights in battle for Africa’s mobile money market
The challenger reported this month that robust demand for its data and fintech services helped core profit rise by double digits to end-June
29 August 2022 - 05:02
Vodacom continues to dominate Africa’s mobile money sector as rival MTN pushes to become the continent’s largest player, growing its base of financial services customers by a quarter in the past half year.
As voice revenue and data margins fall, squeezed by public pressure and regulations, mobile operators have been looking at other ways to create revenue streams from their large customer bases...
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