Vodacom's silver linings - BBLounge

Ping · 7th February 10, 06:01 PM

Vodacom's silver linings
Following months of bad news - including poor growth figures because of new legislation, a $400m write-off of a new investment and threats of legal action from its partner in the Democratic Republic of Congo (DRC) - Vodacom's management now has two reasons to relax somewhat. Its trading figures for the quarter to end-December show that the cellular giant still has some strength, particularly with the 35.2% increase in data turnover in South Africa, which is positive. It should also score a few political... Read the rest of this article...

**Tamago** · 8th February 10, 08:21 AM

I find it so amazing:

They're crying that RICA is bad for business and led to x amount of decline in revenues.

Then almost a day later, the data turnover is apparently going "great guns" and they are turning a profit.

Something doesn't add up! Oh wait, its corporate greed!

8th February 10, 08:21 AM	#2
Tamago Active Lounger Location: Joburg Posts: 720	I find it so amazing: They're crying that RICA is bad for business and led to x amount of decline in revenues. Then almost a day later, the data turnover is apparently going "great guns" and they are turning a profit. Something doesn't add up! Oh wait, its corporate greed! ______________________________________________________________ ic definition: The handle of a moderator on a South African telecommunications forum, who is well known for being as cold as ice, unfriendly, and gets his jollies from banning forum members and/or infracting them!

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