| Tue 27 Jan 2009, 7:10 | | TKG - Telkom SA Limited - Vodacom trading update for the quarter ended 31 |
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TKG
TKG
TKG - Telkom SA Limited - Vodacom trading update for the quarter ended 31
December 2008
Telkom SA Limited
(Registration Number 1991/005476/06)
ISIN ZAE000044897
JSE and NYSE Share Code TKG
Vodacom trading update for the quarter ended 31 December 2008
Shareholders are referred to the announcement below issued by Vodacom Group
(Pty) Limited, a joint venture company in which Telkom holds a 50% interest.
Vodacom Group revenue for the nine months ended 31 December 2008 increased by
13.7% to R40.5 billion compared to the prior year period, largely driven by a
14.3% increase in Group mobile customers to 37.8 million. The Group`s non-South
African operations comprised 11.3 million customers, or 30.0% of the total
customer base as at 31 December 2008.
Group mobile customers as at 31 December 2008 increased by 5.8% in comparison to
the previous quarter.
South Africa
South African mobile customers increased by 4.8% to 26.5 million at 31 December
2008 from 25.2 million at 30 September 2008.
South Africa 30 September 31 December 2008 Quarterly %
2008 change
Customers (thousands) 25,245 26,450 4.8
Contract 3,735 3,867 3.5
Prepaid 21,391 22,450 5.0
Community services 119 133 11.8
ARPU (ZAR) 132 135 2.3
Contract 481 479 (0.4)
Prepaid 66 69 4.5
Community services 584 556 (4.8)
Churn (%) 42.3 41.3 (1.0 pts)
Contract 9.7 9.7 -
Prepaid 48.1 47.0 (1.1 pts)
Estimated market share (%) 53 52 (1 pts)
Non-South African operations
Mobile customers from Vodacom`s non-South African operations increased by 8.4%
to 11.3 million at 31 December 2008 from 10.4 million at 30 September 2008.
Non-South African operations 30 September 2008 31 December 2008 Quarterly %
change
Vodacom Tanzania
Customers (thousands) 4,931 5,355 8.6
Contract 18 19 5.6
Prepaid 4,905 5,327 8.6
Public phones 8 9 12.5
ARPU (ZAR) 53 55 3.8
Churn (%) 44.2 43.0 (1.2 pts)
Estimated market share (%) 46 46 -
Vodacom Congo
Customers (thousands) 3,776 4,042 7.0
Contract 24 26 8.3
Prepaid 3,647 3,898 6.9
Public phones 105 118 12.4
ARPU (ZAR) 65 67 3.1
Churn (%) 53.9 51.1 (2.8 pts)
Estimated market share (%) 39 38 (1 pts)
Vodacom Lesotho
Customers (thousands) 450 489 8.7
Contract 5 4 (20.0)
Prepaid 435 474 9.0
Public phones 10 11 10.0
ARPU (ZAR) 69 71 2.9
Churn (%) 20.0 20.4 0.4 pts
Estimated market share (%) 80 80 -
Vodacom Mozambique 30 September 2008 31 December 2008 Quarterly %
change
Customers (thousands) 1,287 1,435 11.5
Contract 24 26 8.3
Prepaid 1,250 1,395 11.6
Public phones 13 14 7.7
ARPU (ZAR) 38 42 10.5
Churn (%) 72.7 72.9 0.2 pts
Estimated market share (%) 42 43 1 pts
Commenting on these results, Vodacom Group Chief Executive Officer Pieter Uys
said:
"Expanding our African footprint beyond South Africa is one of the pillars of
Vodacom`s growth strategy. I`m pleased to say that this quarter we reached an
important milestone with 30% of our total customer base now coming from our
operations in Tanzania, the DRC, Lesotho and Mozambique. The acquisition of
Gateway Communications was completed at the end of the quarter, and will help us
to further build our business across the continent."
27 January 2008
Sponsor
UBS South Africa (Pty) Ltd
Date: 27/01/2009 07:10:02 Produced by the JSE SENS Department.
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