Vodacom expects to have as many as 25m of its group customers using data services in the next two years, from 9m now, as the mobile broadband boom continues. In the financial year to 31 March 2011, the group
Browsing: Rob Shuter
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
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.
R5m. That’s how much Vodacom paid its former CEO, Alan Knott-Craig, to restrain him from working for or advising competitors in the telecommunications industry. He was paid this money after he retired. Included in the amount, which is disclosed in Vodacom’s 2010 annual financial report, released this week, is payment to Knott-Craig for any advice and assistance requested by his successor, Pieter Uys.
Vodacom plans a share buy-back programme aimed at minority shareholders who own fewer than 500 of the cellphone group’s shares.…
When Rob Shuter left Nedbank earlier this year, he went for a walk. A very long walk. He needed time…