Tropical cyclone Yasa was an added struggle for Vodafone Fiji last year as it had caused the company damages to the tune of $5 million during a time when consumer spending had reduced because of the COVID-19 pandemic.
According to the acting CEO Ronald Prasad consumer spending in general had reduced, as a result of many losing jobs or working reduced hours.
“There is less disposable income, and this has resulted in overall lower spending,” he said.
“Vodafone as a business is no different and has been impacted by this trend.
The company had noticed a reduction in activity especially in device sales however despite the difficult times they continued to invest to ensure they were ahead of the game.
Read more in tomorrow’s edition of The Fiji Times.
