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TKG - Telkom SA Limited - Vodacom results for the period ended June 30, 2008
Telkom SA Limited
(Registration number 1991/005476/06)
JSE and NYSE Share code TKG & ISIN ZAE000044897
("Telkom")
Vodacom results for the period ended June 30, 2008
Group revenue increased by 14.5% year on year for the quarter ended June 30,
2008, while customers increased by 6.6% since June 30, 2007.
As at June 30, 2008, Vodacom Group recorded 34.6 million customers across its
networks operating in South Africa, Tanzania, the Democratic Republic of the
Congo, Lesotho and Mozambique, reflecting a 1.7% increase in the three months
since March 31, 2008.
South Africa
South Africa continued to increase its customer base despite an increasingly
competitive market.
South Africa March 31, 2008 June 30, 2008 % change
Customers (thousands) 24,821 24,891 0.3
Contract 3,541 3,643 2.9
Prepaid 21,177 21,138 (0.2)
Community services 103 110 6.8
Inactive customers 10.3 11.0 0.7 pts
(3 months - %)
Contract 4.0 3.7 (0.3 pts)
Prepaid 11.4 12.3 0.9 pts
ARPU (ZAR) * 128 130 1.6
Contract 486 481 (1.0)
Prepaid 62 64 3.2
Community services 689 597 (13.4)
Churn (%) 42.3 40.6 (1.7 pts)
Contract 8.3 9.6 1.3 pts
Prepaid 47.9 46.0 (1.9 pts)
Estimated mobile SIM card 94 96 2 pts
penetration (%)
Estimated mobile market 55 54 (1 pt)
share (%)
Non-South African operations
Vodacom`s non-South African operations increased their total customer base by
5.4% since March 31, 2008 to 9.7 million customers.
Non-South African March 31, 2008 June 30, 2008 % change
operations
Vodacom Tanzania
Customers (thousands) 4,207 4,495 6.8
Contract 16 18 12.5
Prepaid 4,181 4,467 6.8
Public phones 10 10 -
ARPU (ZAR) * 51 50 (2.0)
Churn (%) 45.5 45.0 (0.5 pts)
Estimated mobile market 52 52 -
share (%)
Vodacom Congo
Customers (thousands) 3,289 3,454 5.0
Contract 21 23 9.5
Prepaid 3,209 3,354 4.5
Public phones 59 77 30.5
ARPU (ZAR) * 60 64 6.7
Churn (%) 48.0 55.8 7.8 pts
Estimated mobile market 41 40 (1 pt)
share (%)
Vodacom Lesotho
Customers (thousands) 395 421 6.6
Contract 4 4 -
Prepaid 383 408 6.5
Public phones 8 9 12.5
ARPU (ZAR) * 74 68 (8.1)
Churn (%) 17.8 18.5 0.7 pts
Estimated mobile market 80 80 -
share (%)
Vodacom Mozambique
Customers (thousands) 1,282 1,302 1.6
Contract 21 23 9.5
Prepaid 1,250 1,267 1.4
Public phones 11 12 9.1
ARPU (ZAR) * 31 36 16.1
Churn (%) 58.7 64.1 5.4 pts
Estimated mobile market 40 40 -
share (%)
* Total ARPU is calculated by dividing the average monthly revenue during the
period by the average monthly total reported customer base during the period.
ARPU excludes revenues from equipment sales and other sales and services. With
effect from April 1, 2008, ARPU calculations include revenues from national
roamers and international visitors roaming on Vodacom`s network. Historical ARPU
numbers have been restated inline with this new methodology.
Date: 22/07/2008 08:00:01 Supplied by www.sharenet.co.za
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