Vodacom Mozambique Revenue Falls 12.8%, Eyes Recovery in FY2026
Vodacom Mozambique’s service revenue fell 12.8% in FY2025 due to repricing and unrest, but March recovery suggests FY2026 growth.

Vodacom Mozambiqu e experienced a difficult financial year, with service revenue falling 12.8% for the period ending March 2025. The decline was driven by a major repricing effort across the market, which impacted overall revenue performance. Additionally, post-election unrest disrupted commercial activities, further dampening financial results.
Mozambique had a challenging year, declining 12.8% due to repricing and post election tensions. Encouragingly, Mozambique’s commercial momentum improved in March 2025 providing scope for a better FY2026. In the fourth quarter, International business service revenue growth was 9.2%*, on a normalised basis.
– Excerpt from Vodacom’s Reviewed Annual Results
Despite these headwinds, the company reported encouraging signs of recovery in March, with improving momentum suggesting potential for a rebound. Vodacom Mozambique remains focused on strengthening commercial execution and implementing targeted strategies to restore growth in the new financial year.