Vodacom dominates in South Africa

There are four main players in South Africa’s R200 billion fixed and mobile telecommunications market — Vodacom, MTN, Telkom, and Cell C.

Over the last few years, Vodacom increased its market share, MTN remained stable, while Telkom and Cell C’s market share declined.While MTN maintained its market share and Telkom’s share declined, it does not mean these two companies did not show revenue growth. Revenue from the big four showed that the market has grown by an average annualised rate of 3.16% since 2013.

Vodacom was second, followed by MTN and Cell C. Telkom and Vodacom grew faster than the industry average, while MTN and Cell C were below this average.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa: Perceived Versus Real Risk In African Credit RatingsOpinion - The ratings of African governments have enabled a robust Eurobond market for African sovereign bonds with over $300 billion issued in the last couple of decades. Maintaining access to this market has persuaded many African countries not to seek debt relief under the misconceived G-20 Common Framework (CF). Only three African countries have filed to use the Framework - Zambia, Ethiopia and Chad. None of them has an agreement two years after the CF was announced.
Source: allafrica - 🏆 1. / 99 Read more »