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Vodacom Trims Payout Plan, Lifts Revenue Goal to $18 Billion

Vodacom Group Ltd. trimmed its dividend-payout plan and raised its revenue, earnings and cash-flow goals as the wireless carrier seeks to reinvest capital in its higher-growth eastern and northern African businesses.

Vodacom Group Ltd. trimmed its dividend-payout plan and raised its revenue, earnings and cash-flow goals as the wireless carrier seeks to reinvest capital in its higher-growth eastern and northern African businesses.