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reported results for the full year to March

And then the first mobile company in South Africa, Vodacom, reported results for the full year to March. Most notable from the results was the bigger contribution from the data division, offsetting lower voice offerings. In this mature market the data portion contributed nearly 32 percent more than last year to 4.5 billion Rands. Out of 58 billion Rands in total. Plus overall customers accessing data services has risen by 42 percent to 1.1 million people. 510 cents worth of earnings and 175 cents worth of dividends on a 58 Rands share price, seems about fair to me. The biggest problem for me remains that geographically this business is bound to South Africa. The EBIDTA contribution from South Africa is even higher this financial year at 93.9 percent of the group. Gateway. On interconnect rates: The Group will actively participate in the ICASA public consultation process on the draft regulations.


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