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South African mobile operator Vodacom Group reported an 8.9 per cent rise in annual earnings yesterday and postponed issuing medium-term forecasts due to the uncertain economic outlook as effects of the coronavirus pandemic unfold.
“The past year has been characterised by strong customer growth - we now connect 116 million customers across the group, including Safaricom – and the benefits of prudent portfolio diversification,” Group Chief Executive Shameel Joosub said in a statement.
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