Egyptian star rises: Vodacom heralds strength of most recent import
Vodafone Egypt cements status as Vodacom’s second-largest market, with currency stability and network-sharing portending next 5G chapter. South Africa remains solid overall, as the International segment sees data and smartphone growth offsetting geopolitical challenges.
This article includes:
- Organisations: Telecom Egypt; Vodacom Group; Vodafone Egypt.
- Geographic: Democratic Republic of Congo (DRC); Egypt; Lesotho; Maputo; Mozambique; South Africa; Tanzania.
- People: Mohamed Abdallah; Raisibe Morathi; Shameel Joosub.
- Themes: 5G rollout; B2B performance; Capital expenditure (Capex); Currency fluctuations; Data traffic growth; EBITDA growth; Foreign exchange (FX) stability; Network sharing agreements; Political unrest impacts; Prepaid mobile growth; Regulatory environment; Service revenue growth; Smartphone penetration.
- Events: Egyptian pound (EGP) devaluation (March 2024); Network sharing deal with Telecom Egypt; Vodacom Q3 FY24–25 trading update; Vodafone Egypt 5G licence acquisition.
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