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Vodacom Says Service Revenue Growth to Slow in Second Half

November 08, 2011, 7:37 AM EST

By Hilton Shone

Nov. 7 (Bloomberg) -- Vodacom Group Ltd. expects service revenue growth to slow in the second half as a result of further pressure in both voice and data prices.

The margins on earnings before interest, taxation, depreciation and amortization, excluding foreign exchange movements, for the year through March 2012 is expected to improve from 2011, the mobile phone operator said.

Link to Statement:{NSN LU9YG63HHEDC <GO>}

To contact the editor responsible for this story: Hilton Shone at hshone@bloomberg.net

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