DAR ES SALAAM, Feb. 9 -- VODACOM Tanzania has reported a strong operating profit growth for the third quarter ending December last year, underpinned by increased service revenue, as the telecom giant continues its ambitious network modernisation drive.
The companys operating profit rose by 4.62 per cent to 79.3bn/- at the end of quarter from 75.8bn/- buoyed by a 19.7 per cent jump in total revenue to 484bn/- from 404.2bn/- recorded in the same quarter of the preceding year.
The latest Vodacom quarterly report released yesterday shows the growth is attributed to growth in service revenue by 19.8 per cent to 477.5bn/- at the end quarter up from 398.5bn/- recorded in a comparative quarter of the preceding year.
Vodacom Tanzanias Chief Exe...
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