Jose Dos Santos, CEO of South African wireless operator Cell C, has revealed that his company’s revenues increased by 16% in the twelve months to end-December 2014 on the back of data revenue growth of 76% year-on-year, while voice revenues increased by 8%, TechCentral reports. ‘Every one of our growth figures is better than the incumbents … We are making huge progress as a business, both financially and operationally’, the executive was cited as saying, although he did not disclose any figures.
In operational terms, the cellco had 19.6 million mobile subscribers on its books by 31 December, up from 13.6 million reported at the end of 2013.
Dos Santos also revealed that the company has terminated its roaming agreement with rival Vodacom in Tembisa, where it has expanded its own coverage. Plans are currently underway to suspend roaming over Vodacom’s network in Soshanguve, Pretoria North and Mamelodi in April 2015, with Pretoria West, Midrand and Diepsloot to follow in May.
South Africa,Cell C, Vodacom South Africa, Corporate/Financial, Wireless