Vodacom Customer Numbers Fall on African Regulator Scrutiny
- Vodafone’s South Africa unit hurt by new registration process
- First-quarter sales increased 5.8% on network investment
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Vodacom Group Ltd. said customer numbers fell in the first quarter as authorities in international markets that include Tanzania and the Democratic Republic of Congo made changes to the way the company registers subscribers.
Group active customers declined 2.6 percent to 61.8 million in the three months through June, even as the number of South African subscribers rose, the Johannesburg-based company said in a statement on Thursday. International service-revenue growth of 14 percent was also impacted by the new regulations, the wireless operator said.