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Vodacom first quarter revenue rises on strong data demand during lockdown

South African mobile operator Vodacom Group Ltd on Thursday reported a 7.6 per cent rise in first-quarter group service revenue, buoyed by strong demand for voice, data and financial services in its domestic market during the coronavirus lockdown.

Vodacom, which is majority owned by Vodafone, said group service revenue grew to 18.7 billion rand ($1.14 billion) in the three months ended June 30, up from 17.4 billion rand from the year-earlier period.

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