Cellular network operator Vodacom connected its 20-millionth subscriber in South Africa on Wednesday.
“We have reached this important milestone within 12 years, June 1 1994 being the date that Vodacom and MTN commercially launched their networks,” said Alan Knott-Craig, CEO of the Vodacom Group.
He said Vodacom had a 57% market share in South Africa. “We are fast approaching the day when every South African will own a cellphone. South Africa has demonstrated its ability to innovate and create business models which have resulted in remarkable market growth, far exceeding the world’s expectations.”
Outside of China, India and the United States, Vodacom South Africa is now the second-largest company by customers in the Vodafone Group, larger even than Vodafone United Kingdom.
Knott-Craig said Vodacom had invested some R25-billion in network infrastructure in South Africa to date, providing coverage to 96% of the population. — I-Net Bridge