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Newcomer Vodafone Egypt made a positive contribution to Vodacom Group revenue in the quarter ended in December 2022, according to the South African headquartered telco.
In the period under review:
- Vodafone Egypt contributed more than R1.8bn ($102m) to group revenue.
- The group generated R30.7bn in revenue attributable to the Vodafone Egypt transaction and rand weakness against Vodacom’s basket of international currencies.
- Financial services revenue increased 30% to R2.6bn.