EX-99.6 7 ex99-6.htm TRADING UPDATE, DATED JULY 22, 2008, ISSUED BY VODACOM ex99-6.htm
 
EXHIBIT 99.6


MEDIA RELEASE

TRADING UPDATE

Vodacom results for the period ended June 30, 2008

Group revenue increased by 14.5% year on year for the quarter ended June 30, 2008, while customers increased by 6.6% since June 30, 2007.

As at June 30, 2008, Vodacom Group recorded 34.6 million customers across its networks operating in South Africa, Tanzania, the Democratic Republic of the Congo, Lesotho and Mozambique, reflecting a 1.7% increase in the three months since March 31, 2008.

South Africa

South Africa continued to increase its customer base despite an increasingly competitive market.
 
  South Africa
March 31, 2008 
June 30, 2008 
% change 
       
  Customers (thousands)
24,821 
24,891 
0.3 
     Contract
3,541 
3,643 
2.9 
     Prepaid
21,177 
21,138 
(0.2) 
     Community services
103 
110 
6.8 
  Inactive customers (3 months - %)
10.3 
11.0 
0.7 pts 
     Contract
4.0 
3.7 
(0.3 pts) 
     Prepaid
11.4 
12.3 
0.9 pts 
  ARPU (ZAR) *
 128 
130 
1.6 
     Contract
486 
481 
(1.0) 
     Prepaid
62 
64 
3.2 
     Community services
689 
597 
(13.4) 
  Churn (%)
42.3 
40.6 
(1.7 pts) 
     Contract
8.3 
9.6 
1.3 pts 
     Prepaid
47.9 
46.0 
(1.9 pts) 
  Estimated mobile SIM card penetration (%)
94 
96 
2 pts 
  Estimated mobile market share (%)
55 
54 
(1 pt)  


 
 
 

Non-South African operations

Vodacom’s non-South African operations increased their total customer base by 5.4% since March 31, 2008 to 9.7 million customers.
 
  Non-South African operations
March 31, 2008  
June 30, 2008 
% change 
       
  Vodacom Tanzania
      
  Customers (thousands)
4,207 
4,495 
6.8 
     Contract
16 
18 
12.5 
     Prepaid
4,181 
4,467 
6.8 
     Public phones
10 
10 
- 
  ARPU (ZAR) *
51 
50 
(2.0) 
  Churn (%)
45.5 
45.0 
(0.5 pts) 
  Estimated mobile market share (%)
52 
52 
- 
       
  Vodacom Congo
      
  Customers (thousands)
3,289 
3,454 
5.0 
     Contract
21 
23 
9.5 
     Prepaid
3,209 
3,354 
4.5 
     Public phones
59 
77 
30.5 
  ARPU (ZAR) *
60 
64 
6.7 
  Churn (%)
48.0 
55.8 
7.8 pts 
  Estimated mobile market share (%)
41 
40 
(1 pt) 
       
  Vodacom Lesotho
      
  Customers (thousands)
395 
421 
6.6 
     Contract
4 
4 
- 
     Prepaid
383 
408 
6.5 
     Public phones
8 
9 
12.5 
 
 
 
 
 

 
  ARPU (ZAR) *
74 
68 
(8.1) 
  Churn (%)
17.8 
18.5 
0.7 pts 
  Estimated mobile market share (%)
80 
80 
- 
       
  Vodacom Mozambique
 
      
  Customers (thousands)
1,282 
1,302 
1.6 
     Contract
21 
23 
9.5 
     Prepaid
1,250 
1,267 
1.4 
     Public phones
11 
12 
9.1 
  ARPU (ZAR) *
31 
36 
16.1 
  Churn (%)
58.7 
64.1 
5.4 pts 
  Estimated mobile market share (%)
40 
40 
- 
       
 
* Total ARPU is calculated by dividing the average monthly revenue during the period by the average monthly total reported customer base during the period. ARPU excludes revenues from equipment sales and other sales and services. With effect from April 1, 2008, ARPU calculations include revenues from national roamers and international visitors roaming on Vodacom’s network. Historical ARPU numbers have been restated inline with this new methodology.