Herotel now has 284 850 connected fibre-to-the-home connections, mostly in smaller towns and townships.
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Vodacom CEO Shameel Joosub has compared voice’s decline to the same trajectory SMS followed into irrelevance.
With voice revenue falling and customer growth stalled, Vodacom is struggling to cash in on surging data traffic.
Severe weather has cut power across dozens of Cape towns, with restoration delayed by unsafe conditions.
Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
Prosus is selling a 5% Delivery Hero stake to Aspex Management to fulfil European Commission commitments.
The goodwill makes Vodacom’s balance sheet vulnerable to impairment if Maziv fails to deliver expected growth.
Egypt and Safaricom drove a 22.9% jump in headline earnings as the South African business posted only modest growth.
Industry body says the fiscus-first model is starving the very sector South Africa depends on for connectivity.
A row over guaranteed annual payments has reportedly delayed a major Microsoft data centre project.











