South Africa's Vodacom Group loses USD 79mn on tariff reductions

By bne IntelliNews June 29, 2010
South Africa's VodacomGroup has lost at least ZAR 600mn (USD 79mn) on the back of reducedinterconnect tariffs introduced by the industry regulator ICASA in March thisyear. The largest provider of mobile services in SA has asked ICASA to delaythe second round of reductions proposed for this year saying that tworeductions in interconnect charges were steep and unprecedented.

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