Tanzania: Vodacom Tanzania's Income Up As Telco Maintains Market Lead

Dar es Salaam — Vodacom Tanzania's revenues rose by 0.8 percent in the year to March 31, 2020 thanks largely to growth in income from mobile money (M-Pesa) and mobile data.

The company's preliminary financial results for the year under review show that sound growth rates in M-Pesa and mobile data income streams were enough to offset the impact of a fall in revenues from mobile voice, mobile incoming and other services, as well as non-service income streams on the telecom firm's overall income for the year.

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