African operator group Vodacom said it had delivered “a solid performance” in the year to 31 March 2013, while acknowledging “tough competition across all our markets”.
The company identified a number of “key challenges”, including the growth of OTT and instant messaging services, access to spectrum for LTE, and pressures on consumer spending in South Africa.
It also said that it is “investigating opportunities to grow our exposure to attractive markets elsewhere in Africa.”
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