Vodacom Group Limited · JSE:VOD
Vodacom — Investor Day (February 2022)
88 slides from Vodacom's investor day presentation, Feb 23, 2022
Slide 1: Vodacom Group Digital ecosystem – Investor Day
Vodacom Group Digital ecosystem Vodacom Group Investor Day 23 February 2022 Further together
Slide 2: Agenda
Agenda 23 February 2022 Topic Presenter Welcome & introduction Shameel p3 Our strategy in action Shameel p4 Accelerating financial services (Vodacom South Africa) Mariam p14 Accelerating financial services (M-Pesa Africa) Sitoyo p39 Digital partner of choice for enterprises William p60 Big data & an
Slide 3: Vodacom Group | Connecting people, places & things for a better future
Vodacom Group | Connecting people, places & things for a better future Market leading position across all our markets New services revenue contribution2 R98.3bn R39.3bn Vodacom Group New services Safaricom Vodacom Group revenue Vodacom Group EBITDA South Africa & International markets EBITDA margin
Slide 4: Showcasing our digital ecosystem and key drivers of new services
Vodacom Group | Showcasing our digital ecosystem and key drivers of new services Accelerating Accelerating Digital partner of financial services financial services Big data & analytics choice for enterprises (South Africa) (M-Pesa Africa) Showcase Financial Financial services IoT All business lines
Slide 5: Our strategy in action – Key messages
Key messages Our strategy in action We are accelerating our System of Advantage Our digital ecosystem is integral to our strategy Our financial services is high-growth & scalable Big data & analytics is the engine powering our digital ecosystem Our digital ecosystem enhances growth, returns and soci
Slide 6: Leading African TechCo with clear System of Advantage
Our Strategy | Leading African TechCo with clear System of Advantage Africa’s leading communications company Footprint finalised Secure leadership in mobile and fixed • Launch and scale Ethiopia • Lead in mobile data – 4G, 5G. Accelerate smartphone penetration • Complete Egypt transaction • Partners
Slide 7: We are accelerating our System of Advantage
Strategy in action | We are accelerating our System of Advantage Strategic objective: Acceleration: Strategic outcomes: Market leader in Egypt, • Geographic & product diversification Ethiopia licence Secure leadership in • Larger addressable market fixed and mobile • Higher customer lifetime value S
Slide 8: Our digital ecosystem is integral to the System of Advantage
Strategy in action | Our digital ecosystem is integral to the System of Advantage Scale financial Digital partner of choice World class loyalty and Personalisation through and digital Services for enterprises customer experience CVM and Big Data M&A scaling fibre, VodaBucks (loyalty) R7.4bn consolid
Slide 9: Our financial services is high-growth & scalable
Strategy in action | Our financial services is high-growth & scalable Vodacom Group 100% basis (incl. Safaricom) Growth opportunities across our footprint3 >57 million Strong growth $314bn Mobile payments Insurance financial services customers financial services revenue1 M-Pesa last twelve months (L
Slide 10: Lifestyle SuperApp
Strategy in action | Our financial services is high-growth & scalable Consumer proposition Lifestyle SuperApp Merchant proposition powered by Trusted platform & brand, Large footprint, low set up costs, personalised offers, access to personal targeting, affordable financial services low customer acq
Slide 11: High-growth & scalable financial services model, with attractive returns
Strategy in action | High-growth & scalable financial services model, with attractive returns Expanding our product set to capture growth opportunities + Scalable platform + Multiple revenue drivers = Attractive margins & returns Payments & Savings & SuperApp Lending Insurance ` (VodaPay & M-Pesa) F
Slide 12: Big Data & Analytics is the engine powering our digital ecosystem
Strategy in action | Big Data & Analytics is the engine powering our digital ecosystem Big Data & Analytics CVM Loyalty Financial Services • Expanding customer view with • Deep understanding of • Use of CVM and Big Data • Incorporating financial services >3 000 attributes customer telco behaviour ca
Slide 13: Unlocking more opportunities across our footprint
Strategy in action | Unlocking more opportunities across our footprint Our digital ecosystem enhances growth, returns and societal impact Capturing the Strong outlook for new services opportunity in telecom (financial & digital services, IoT and fixed) • Access to >130 million customers, and Vodafon
Slide 14: Accelerating financial services (South Africa)
Accelerating financial services (South Africa) Mariam Cassim Further together Vodacom Group Investor Day | 23 February 2022 14 Vodacom Group Investor Day | 23 February 2022 1
Slide 15: Key messages
Key messages Accelerating financial services (South Africa) South Africa financial services revenue R million / % Track record of profitable growth and product expansion +20.3% +21.6% +13.8% +64.5% 4.6% Bringing consumers and merchants together 4.2% 3.7% 3.1% VodaPay SuperApp revolutionising our pro
Slide 16: Track record of growth and product expansion
Financial services Track record of growth and product expansion 13.9m customers Scale our Acquiring solutions and merchants Trade Insure Lend Payments • +R270 billion • 5th largest • 5 million Airtime Acquiring transactional data insurer by profit Advances per day Entrench our Lending solutions acro
Slide 17: Bringing consumers and merchants together
Bringing consumers and merchants together with exceptional and personalised experiences VodaPay Consumer SuperApp Merchant We will provide consumers with exceptional Insure Lend We will offer merchants leading platform experiences through seamless, engaging capabilities, payment services and new way
Slide 18: Bringing consumers and merchants together
Bringing consumers and merchants together with exceptional and personalised experiences VodaPay Consumer SuperApp Merchant We will provide consumers with exceptional Insure Lend We will offer merchants leading platform experiences through seamless, engaging capabilities, payment services and new way
Slide 19: Merchant solutions that address the challenges faced by small enterprises
Merchant solutions that address the challenges faced by small enterprises Protection of their assets in the time of loss Providing benefits to their employees Ordering of goods & services Receiving cashless payments Growing their business Funding that is quick, cheap and affordable Acquiring more cu
Slide 20: Merchant solutions anchored by innovative payments processing services
Merchant solutions anchored by innovative payments processing services Receiving cashless payments Expanding the merchant Acquiring debit & Online ecosystem to Transactional credit card payments Payment Gateway and Value Added Services Live POS POS Online VAS Android Payments Solutions Android Kwika
Slide 21: Merchant solutions: convenient funding solutions for SMMEs
Merchant solutions an unmatched ecosystem of convenient funding solutions for SMMEs Access to quicker payments from their Business applies through a single originations platform and receives an aggregated set of customised offers large customers Live solutions Access to funding that is quick, cheap
Slide 22: Merchant solutions: VodaSure
Merchant solutions the preferred connected and trusted insurer that delivers on demand, One-Click Insurance for enterprises VodaSure Protection of their Live solutions assets in the time of loss Group Group Business Life Funeral Insurance Providing benefits to their employees VodaSure own products O
Slide 23: VodaTrade
Merchant solutions scaling the platform with new data-driven propositions personalised to our customer needs VodaTrade Live solutions • c2 000 merchants onboarded • Merchant pays digitally • Backend recon portal with Ordering of goods • Access to wallet – funded via • Driver receives sms POP recon a
Slide 24: VodaPay SuperApp mini-apps scale to all tiers of merchants
Merchant solutions the VodaPay SuperApp, with 1 000s of mini-apps, will scale to include all tiers of merchants Growing their business VodaPay SuperApp We will use our mini-app platform to reach the lowest segment of merchants, enabling them with digital storefronts and access to market Acquiring mo
Slide 25: Love Jacaranda
Love Jacaranda Further together Vodacom Group Investor Day | 23 February 2022 25 12 Vodacom Group Investor Day | 23 February 2022
Slide 26: Bringing consumers and merchants together
Bringing consumers and merchants together with exceptional and personalised experiences VodaPay Consumer SuperApp Merchant We will provide consumers with exceptional Insure Lend We will offer merchants leading platform experiences through seamless, engaging capabilities, payment services and new way
Slide 27: Typical challenges faced by consumers
Typical challenges faced by consumers Value seeking Data usage Access to health and wellness services Tedious process of opening a bank account Complex and costly nature of acquiring insurance One size fits all products High cost of cash and banking Multiple e-commerce platform and navigating crowde
Slide 28: The VodaPay app has a one login philosophy for all services
The VodaPay app has a one login philosophy for all services Entering the same data repeatedly across multiple platforms One App, Centralised One payment Mariam One Login user data for gateway to pay Risk of sharing of personal and financial data all VodaPay Mariam for anything services and everythin
Slide 29: VodaPay offers a digital wallet up to R20 000
VodaPay offers a digital wallet up to R20 000 for affordable transactional banking High cost of cash and banking Digital wallet: Simple KYC Send money Affordable Mariam process and securely in SA Tedious process of banking and upgrade your Mariam without leaving opening a bank account cashless walle
Slide 30: VodaPay SuperApp puts all usual apps in one place
The VodaPay SuperApp allows consumers to have all their usual apps in one convenient place Too many apps, and limited Zero-rated app for phone storage Vodacom customers Data usage VodaPay All mini-apps are in one place and are loaded on run time 17 Further together Vodacom Group Investor Day | 23 Fe
Slide 31: VodaPay offers a range of internal solutions
C3 Confidential VodaPay customers are offered a compelling range of internal solutions Access to financing Access to health and Financing wellness services Complex nature of getting insurance and untrustworthy providers Health & Wellness Insurance Further together Vodacom Group Investor Day | 23 Feb
Slide 32: Enhancing offerings through partnerships and platforms
We are enhancing our portfolio of offerings through partnerships and platforms that will unlock new revenue streams and channels for consuming content Vodacom owned Third-party services Upcoming Lack of affordable and accessible content services Vodacom branded products Third-party services that we
Slide 33: SuperApp Demo's
SuperApp Demo’s Further together Vodacom Group Investor Day | 23 February 2022 33 20 Vodacom Group Investor Day | 23 February 2022
Slide 34: Further together
Further together Vodacom Group Investor Day | 23 February 2022 34 21 Vodacom Group Investor Day | 23 February 2022
Slide 35: Further together
Further together Vodacom Group Investor Day | 23 February 2022 35 22 Vodacom Group Investor Day | 23 February 2022
Slide 36: Further together
Further together Vodacom Group Investor Day | 23 February 2022 36 23 Vodacom Group Investor Day | 23 February 2022
Slide 37: So far…
77 Live So far… Customer split Prepaid: c72% mini-apps 1.7m 1.2m Non Vodacom: c10% Most popular days Downloads Registrations Sundays are the least popular Biggest revenue drivers Thursdays are the most popular Vodacom telco offerings Utility payments R1 deal >27% >2.5m Spend 10-30mins Transactions i
Slide 38: We are on a clear growth path
We are on a clear growth path Growth outlook VodaPay is all about platform economics Medium-term double digit growth potential Downloads Attractive VFS return on capital employed Registered users 4 million new VFS customers over the medium-term Active users & increase in services per customer Transa
Slide 39: Accelerating financial services (M-Pesa Africa)
Accelerating financial services (M-Pesa Africa) Sitoyo Lopokoiyit Further together Vodacom Group Investor Day | 23 February 2022 39
Slide 40: Key messages: Accelerating financial services (M-Pesa Africa)
Key messages Accelerating financial services (M-Pesa Africa) M-Pesa revenue (R’bn / %) Consolidated - Vodacom International Associate - Safaricom (100% basis) Track record of profitable growth and product expansion +5.8%* +12.6%* -2.1%* +22.7%* 22% 38% +19.2%* M-Pesa Africa is driving the commercial
Slide 41: M-Pesa – a track record of profitable growth and product expansion
M-Pesa – a track record of profitable growth and product expansion Inclusive growth An exciting future driven by focused strategy We have an opportunity to become a more valuable African fintech • M-Pesa Africa driving the commercial model and strategic roadmap • 7 strategic goals will enable M-Pesa
Slide 42: M-Pesa has delivered a tremendous social impact
M-Pesa has delivered a tremendous social impact… 2007 M-Pesa was launched to digitise Now M-Pesa has contributed to broader microfinance operations in Kenya Financial economic development within the inclusion rate1 country… Primary use case was 2006 2019 digital remittance (cash-in and 57% 2 83% cas
Slide 43: … and financial success to become largest platform in Africa
… and financial success to become largest platform in Africa* M-Pesa Africa portfolio* 51 million Annual revenue; $bn SF: ~$0.8bn/R12.4bn IB:~$0.3bn/R4.5bn +15% monthly active users in Africa1 p.a. ~1.1 ~0.5 Egypt June 2013 604k active agents1 FY16 FY21 Ghana Ethiopia 465k 30 day active customers; m
Slide 44: M-Pesa – a track record of profitable growth and product expansion
M-Pesa – a track record of profitable growth and product expansion Inclusive growth An exciting future driven by focused strategy We have an opportunity to become a more valuable African fintech • M-Pesa Africa driving the commercial model and strategic roadmap • 7 strategic goals will enable M-Pesa
Slide 45: M-Pesa Africa is driving the commercial model
M-Pesa Africa is driving the commercial model M-Pesa Africa is… … implementing an agile organisational model… ….with clear focus 50:50 joint venture Brand focus Legal structure Vodacom ownership Seven strategic goals Integrated with between Vodacom Group and Safaricom Kenya Safaricom Associate Local
Slide 46: 7 strategic goals will enable M-Pesa Africa to achieve its growth ambitions
7 strategic goals will enable M-Pesa Africa to achieve its growth ambitions Growth Ability to scale technology, processes, risk mitigation (e.g. Anti-money laundering controls) and people capabilities across geographies and a migration to an agile operating model Electronic payments Financial servic
Slide 47: Technology is a key enabler of the strategic goals
Technology is a key enabler of the strategic goals Cloud Core Platforms Digital eXperience Layer (DXL) Software Factory SuperApp Data Lake Objectives DevSecOps resources and A single app codebase with mini-app Single large-scale data & Cloud-Native, Centralised Core A standard integration platform f
Slide 48: Bringing consumers and merchants together
Bringing consumers and merchants together Credit Business Mini-apps B2B Consumer 2.6 million Businesses 51 million Customers 604k Active Agents C2B Wealth P2P Insurance Target Addressable Market Target Addressable Market 200 million Consumers 13-15 million merchants e-Commerce Big Data Enterprise, M
Slide 49: Empowering merchants
Empowering merchants Credit Business Mini-apps B2B Consumer 2.6 million Businesses 51 million Customers 604k Active Agents C2B Wealth P2P Insurance Target Addressable Market Target Addressable Market 13-15 million merchants 200 million Consumers e-Commerce Big Data Enterprise, Merchant Business Loya
Slide 50: Merchants | Differentiated offerings for all segments
Merchants | Differentiated offerings for all segments Monthly active users* Enterprise • Cashless distribution payments • Closed loop payments • Bulk disbursements and cyclical >100k 11 million collections • Customer to Business payments Customers Transacting on M-Pesa merchant tills every month M-P
Slide 51: Merchants | We've launched a great SuperApp to empower businesses
Merchants | We’ve launched a great SuperApp to empower businesses Graphs to track collections Transaction tools to Quick and easy sign-in and disbursements make payments easy 322k App downloads 47% of all merchant transactions are Single view of all QR code via the app Transacting till Working capit
Slide 52: Merchant SuperApp provides access to a wide network of global partners
Merchants | SuperApp provides access to a wide network of global partners Financial Services Credit Utilities & taxes Payments Liquid Insurance investments Payment requests Social credit Merchant Rent Working capital SuperApp Salaries Cross-border Mini-apps Marketplace e-Commerce e-Commerce Interop
Slide 53: Merchant SuperApp demo
Merchant SuperApp demo Live demo Vodacom Group Investor Day | 23 February 2022 53
Slide 54: Empowering consumers
Empowering consumers Credit Business Mini-apps B2B Consumer 2.6 million Businesses 51 million Customers 604k Active Agents C2B Wealth P2P Insurance Target Addressable Market Target Addressable Market 13-15 million merchants 200 million Consumers e-Commerce Big Data Enterprise, Merchant Business Loya
Slide 55: Consumer | M-Pesa is Africa's largest financial services platform for consumers
Consumer | M-Pesa is Africa’s largest financial services platform for consumers Our proposition 1 Trust 140x Global payments Basic services More M-Pesa agents than $3.1bn of IMT value transacted $414 000 transacted per min, the top 5 banks’ branches in FY21 incl. cash-in / cash-out, P2P combined tra
Slide 56: Consumer | Our SuperApp powers a digital consumer lifestyle
Consumer | Our SuperApp powers a digital consumer lifestyle Loan access with a Wealth management / Offline mode VISA Virtual card digital credit score investments 9m App downloads MARKETPLAC E 2.25m Monthly active users QR code payments for P2P Bill manager for digital ANT+ mini-app platform (KE) an
Slide 57: Consumer | Our app ecosystem connects to the best partners
Consumer | Our app ecosystem seamlessly connects to the best partners in the industry… Financial Services Payments Saving & credit Wealth management Education Rent Entertainment IMT Utilities Insurance Consumer Discount store SuperApp Loyalty Retail E- Interop QR Commerce Rewards Marketplace Mini-ap
Slide 58: Consumer SuperApp demo
Consumer SuperApp demo Live demo Vodacom Group Investor Day | 23 February 2022 58
Slide 59: We are on a clear growth path
We are on a clear growth path Revenue mix FY21 Growth outlook* Revenue mix FY26 8% Medium-term 14% double digit growth potential 35% Attractive return on capital employed 65% 78% >20 million new M-Pesa customers over the medium-term Payment services (e.g. IMT, P2P, cash-out) Payment services Digital
Slide 60: Digital partner of choice for enterprises
Digital partner of choice for enterprises William Mzimba Vodacom Group Investor Day | 23 February 2022 60 Further together
Slide 61: Key messages: Vodacom Business (Group)
Key messages Digital partner of choice for enterprises Vodacom Business (Group) R million / % We are the digital transformation partner of choice for +8.2% enterprises +4.7% +6.0% +12.8% Our new growth drivers provide significant scope for growth 22.9% 24.2% 21.6% 21.4% IoT case study – We have uniq
Slide 62: Vodacom Business System of Advantage
Vodacom Business System of Advantage | The digital transformation partner of choice for enterprises Vodacom Business System of Advantage Digital transformation partner of choice for all enterprises Mobile & Fixed SME Champion Gigabit Infrastructure Internet of Things Financial Services Africa & Whol
Slide 63: Growth drivers | Accelerate and scale new services
Growth drivers | Accelerate and scale new services Key growth drivers Enablers Opportunity IoT • Vodafone is the global leader in IoT connectivity • Centre of excellence accelerator for rapid incubation GDSP • Connectivity • Hardware R30bn FY25 opportunity in Africa • Horizontal platforms via subsid
Slide 64: IoT case study | We have unique scale and capabilities
IoT case study | We have unique scale and capabilities Vodafone is the global leader in IoT1 + Local solutions with global reach Centre of competency Specialisation Key E2E solutions Scale & expertise Technical capabilities Asset tracking • 250 in-house IoT specialist • Self-built and secure global
Slide 65: Smart Asset Management
Smart Asset Management Vodacom Group Investor Day | 23 February 2022 65 Further together
Slide 66: Context | Service delivery in South Africa
Context | Service delivery in South Africa Realities of government service delivery Financial Management Infrastructure Financial Compliance to Failing Asset Loss of scarce Health and Sustainability Financial Standards networks resources Safety risks Challenges with: • Adverse audit findings • Reven
Slide 67: Smart Asset Management | Building a smarter, sustainable society
Smart Asset Management | Building a smarter, sustainable society Digital Asset Management Solution Manages physical assets: infrastructure, facilities, movable assets Provides asset owners Benefits SAMS components include Entire asset portfolio located centrally IoT sensors Analytics & gateways Set
Slide 68: Further together
Vodacom Group Investor Day | 23 February 2022 68 Further together
Slide 69: Further together
Vodacom Group Investor Day | 23 February 2022 69 Further together
Slide 70: mVacciNation | Digital solutions toolbox for healthcare logistics
mVacciNation | Digital solutions toolbox to assist governments navigate healthcare logistics Healthcare challenges How mVacciNation addresses this Central real-time program visibility with bulk and targeted communication to Uncertainty about vaccine ensure that the right patient gets the right vacci
Slide 71: Outlook | We are on a clear growth path
Outlook | We are on a clear growth path We are focused on… …to deliver as we diversify into new services Extending our SME proposition through the VodaPay Vodacom Business service revenue split Above market revenue growth in mobile and fixed platform Customer-centric propositions by leveraging 22% B
Slide 72: Big data & analytics
Big data & analytics Advancing data solutions Belinda Williams & Schalk Heunis Vodacom Group Investor Day | 23 February 2022 72 Further together
Slide 73: Data Driven Organisation | Three key verticals
Data Driven Organisation | We are organised into three key verticals Data & analytics Big data Information technology Make data assets easily available, Apply data processing and machine Build one unified, modern trusted and translated into learning at scale to support and data platform in cloud to
Slide 74: Key messages: Big data & analytics
Key messages Big data & analytics Integral to the system of advantage CVM Loyalty Creating a solutions marketplace with data & analytics Big data & analytics Scale by design Empowering VodaPay and M-Pesa Financial Driving data-led decision making services Further together Vodacom Group Investor Day
Slide 75: Creating a solutions marketplace with data & analytics
Data & analytics | Creating a solutions marketplace with data & analytics Global Forecast Exco Automated Sales Incentive Intraday Order KPI Engine Advanced Modeler Performance Target Allocator Optimiser Tracking Performance Tracker Tracking Mobile Base Multi Product Churn Base Vodafone VB Customer F
Slide 76: Solutions marketplace case study
Solutions marketplace case study Scaling Daily Global vs performance Forecast Modeller expectation isolates forto theallimpact markets of will support changes inan theeasy daily group operating view of environment performance (e.g.. lock-downs restrictions) Further together Vodacom Group Investor Da
Slide 77: Big data | Scale by design
Big data | Scale by design Assist Recommendations Intelligent Cloud Centre at Scale Automation of Excellence Rapid deployment and scale Scale use-cases using Big data, chatbot and robotic of personalised recommendations, cloud capabilities within SA, process automation converged nudges and service a
Slide 78: Big data | Scale by design in action
Big data | Scale by design in action Integration A year ago Today USSD My Vodacom App 7 Use Cases Live 21 Use Cases Live R0.5m Revenue / day R2.4m Revenue / day IVR VodaPay 2.0 1.1m Calls routed 1.5m Calls routed 6k Requests/min 11k Requests/min Contact Centre & Outbound 24k Fraud blocks Robotic Pro
Slide 79: Big data | Empowering VodaPay
Big data | Empowering VodaPay VodaPay 2.0 Platform A+ Core AI Studio Customer Own Mini Apps Replicate Use-Cases With M-Pesa 3106 Customer Behaviour Further together Vodacom Group Investor Day | 23 February 2022 79
Slide 80: Big data | Empowering M-Pesa
Big data | Empowering M-Pesa 5transactions 884 19 346 transactions with a single merchant and has 2 merchants at its core Further together Vodacom Group Investor Day | 23 February 2022 80
Slide 81: Big data | Empowering our SuperApps
Big data | Empowering our SuperApps Loyalty Credit & Wealth Merchant Online Payments Personalised marketing, Grow Loan market place Acquisition, loyalty, fraud prevention, revenue incrementally personalisation & fraud churn, personalisation transaction auto-fulfillment Insurance Digital Internationa
Slide 82: Big data & analytics | Driving data-led decision making
Big data & analytics | Driving data-led decision making Data Driven Decision & Steering Smart Data Assets Daily Forecast & Tracking Data Foundation Data driven Risk Management Intelligent Automation Capex Decisions Decisions Customer Product Recommendations Personalised Interactions Optimised Custom
Slide 83: Vodacom Group Digital ecosystem
Vodacom Group Digital ecosystem Vodacom Group Investor Day 23 February 2022 Further together Vodacom Group Investor Day | 23 February 2022 83
Slide 84: Outlook – Key messages
Key messages Outlook We have a clear ambition to grow new services New services to support Group growth and returns Enhancing shareholder value as we shift from telco to techco • C2 Vodacom Group Investor Day | 23 February 2022 84 Further together General
Slide 85: We have a clear ambition to grow new services
Outlook | We have a clear ambition to grow new services 1H21 1H22 FY24 FY26 New 25% - 30% >30% services 17% 18% 3yr CAGR: = / >20% 5yr CAGR: c20% Financial services Financial services Digital services Digital services IoT IoT Fixed Fixed Core 70% - 75% <70% mobile 83% 82% Modest CAGR growth Modest C
Slide 86: New services to support Group growth and returns
Outlook | New services to support Group growth and returns From To From To (FY21/22) (FY26) (FY21/22) (FY26) Our 2 more markets, Payments + limited Full fintech suite - 6 markets Fintech financial services in Pay, lend, insure, footprint Egypt & Ethiopia all markets trade, save, invest 3rd player wi
Slide 87: Enhancing shareholder value as we shift from telco to techco
Outlook | Enhancing shareholder value as we shift from telco to techco Execute on our Disciplined Accelerate Enhance System of Advantage capital structure & allocation and diversify returns societal value Leadership in Utilise debt capacity Earnings & FCF Inclusion for all fixed and mobile - thresho
Slide 88: Q&A
Q&A Further together Vodacom Group Investor Day | 23 February 2022 88