The reduction in mobile termination rates in March has lopped R730m off Vodacom’s top line in the six months to September 2010. Vodacom chief financial officer Rob Shuter says the reduction
Author: Editor
After a protracted and mysterious battle Kelly Group’s former director and deputy CEO, Mthunzi Mdwaba, will part ways with the recruitment firm. The charismatic empowerment advocate
Telkom’s new mobile business, 8ta, is stepping up the fight with rivals Vodacom, MTN and Cell C with the launch this week of five contract packages, all offering aggressive tariffs.
Vodacom Group’s international operations have fared less well than the key SA market as competitive pressures elsewhere in Africa take a toll. “Our international businesses have struggled
Vodacom will pay its shareholders a dividend of R2,7bn, or R1,80/share, an increase of 63,6% on a year ago, as a result of strong growth in cash generated from operations.
The Wireless Application Service Providers’ Association (Waspa) has warned mobile consumers to be on the look-out for scams that use the names of its members to deceive victims into parting with their money.
Broadband is becoming big business for Vodacom. Its interim results for the six months to 30 September, released on Monday, show a surge in data revenues year-on-year of 41,1% to R2,9bn.
From the start, The Social Network is a barrage of words as relentless as a Twitter stream. David Fincher’s fictionalised account of the founding of Facebook doesn’t pause for breath as it fires off its sound bites and zingers at a rate of about a zillion a minute to compress Aaron Sorkin’s dense 162-page script into a concise two-hour film.
It’s a deal that’s been a long time coming. After many months of careful planning and negotiation, Cell C will sell 3 200 of its cellular base stations to US-based American Tower Corp (ATC) for US$430m (R2,9bn). The company will use the money to restructure its balance sheet.
Retail group Spar has teamed up with Telkom and international network optimisation company Expand Networks in a R20m deal to boost the speed of the 900 telecommunications links that connect its franchise stores.