OPENING BELL
The future is in new technology
In all SA telecoms companies revenue from voice calls is declining while income from data is increasing, and this is also a worldwide phenomenon
BUY: VODACOMShare price: R124.19JSE code: VOD Vodacom is probably the pick of the bunch when it comes to telecoms companies listed in SA. It has operations all throughout Southern Africa, but its biggest market by a large margin is SA. During the 2018 financial year revenue grew by 6.3% to R86.4bn, with 7-million new customers joining the network. Of the company’s total revenue, 63% comes from SA. The remaining 36% is contributed by its international operations, split almost 50/50 between Kenya’s Safaricom (a 35% stake acquired in an equity swap deal with Vodafone UK in August 2017), and all the other operations outside SA combined. Like all telecoms companies, Vodacom is experiencing a decrease in revenue from traditional voice calls and an increase from data and related bandwidth services. But unlike its competitors, Vodacom is making use of big data, machine learning and artificial intelligence to offer its clients service bundles that include talk time, data and SMS services. Th...
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