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Vodacom Group Ltd
Other Operating Expenses
Vodacom Group Ltd
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
V
|
Vodacom Group Ltd
JSE:VOD
|
Other Operating Expenses
-zar24.6B
|
CAGR 3-Years
-24%
|
CAGR 5-Years
-15%
|
CAGR 10-Years
N/A
|
Vodacom Group Ltd
Glance View
In the heart of Johannesburg, Vodacom Group Ltd. stands as a powerhouse of telecommunications, a company deeply interwoven with the fabric of African connectivity. Founded in 1994, Vodacom began its journey by seizing the burgeoning mobile opportunity, as cellular phone technology started to transform communication across the continent. The company’s roots are firmly planted in South Africa, but its branches extend far, embracing diverse markets in Africa, including Mozambique, Tanzania, Lesotho, and the Democratic Republic of the Congo. The core of Vodacom’s business model revolves around its robust mobile network services, offering voice, messaging, and data solutions that cater to millions in a region rapidly transitioning to digital. The company effectively leverages its expansive network infrastructure, which is paramount in a landscape where connectivity challenges are common, thus making it an indispensable service provider. Vodacom’s success largely hinges on its ability to adapt and innovate, providing more than just basic telecommunication services. A significant portion of its revenue is driven by data services, responding to the increasing demand for internet access across the continent. Moreover, Vodacom has been expanding its horizons beyond traditional telecom, venturing into financial services with its mobile money platform, M-Pesa, capitalizing on the need for accessible financial solutions in underbanked regions. By catering to both individual consumers and corporate clients, Vodacom has structured a dynamic portfolio that not only enhances connectivity but also empowers economic participation. Through strategic partnerships and a focus on digital transformation, Vodacom continually fortifies its position in the market, driving growth and reinforcing its commitment to linking Africa to a world of opportunity.
See Also
What is Vodacom Group Ltd's Other Operating Expenses?
Other Operating Expenses
-24.6B
ZAR
Based on the financial report for Sep 30, 2024, Vodacom Group Ltd's Other Operating Expenses amounts to -24.6B ZAR.
What is Vodacom Group Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
-15%
Over the last year, the Other Operating Expenses growth was -15%. The average annual Other Operating Expenses growth rates for Vodacom Group Ltd have been -24% over the past three years , -15% over the past five years .