Sections
Ethiopia opens bidding for two new full service telecoms licences
Ethiopia opened the doors on Friday for telecommunications operators wishing to secure two new licences to submit their technical and financial bids.
Browsing: Safaricom
News
Ethiopia’s telecoms auction plan falters ahead of key meeting
Ethiopia’s protracted privatisation process faces sticking issues as the government and prospective investors prepare to meet this week, with an escalating armed conflict starting to add to concerns.
News
Vodacom hikes dividend 9% on strong interim results
Vodacom Group hiked its interim dividend by 9.2% to R4.15/share (R3.80 previously) on strong headline earnings growth in the first half of its 2021 financial year and a dividend receipt from Kenya’s Safaricom.
News
Vodacom reinstates targets as it eyes spectrum auction
Vodacom Group reinstated growth targets and said it has the financial strength to take part in a long-awaited auction of broadband spectrum in South Africa.
Fintech
Pandemic spurs Africa’s mobile operators to ramp up banking plans
Africa’s mobile phone operators are ramping up plans to bring banking to millions of Africans, in some cases for the first time, after the coronavirus crisis caused a surge in use of digital financial services.
Sections
Telkom Kenya wants regulatory help to deal with Safaricom dominance
Telkom Kenya has called on the industry regulator to ensure a level playing field, weeks after the company abandoned plans to combine operations with Airtel Africa’s domestic unit.
News
Vodacom to bid in consortium for Ethiopia licence
The largest wireless carriers operating in Africa are starting to form partnerships ahead of making offers for new licences to be awarded by Ethiopia.
News
Vodacom hires Balesh Sharma as South Africa MD in major restructuring
Vodacom Group has moved to simplify its structure, creating a standalone South African operation and appointing an MD, a newly created role that will be filled by Vodafone executive Balesh Sharma.
News
Vodacom hikes full-year dividend despite Covid-19
Vodacom Group has turned in a strong financial performance, allowing it to hike its full-year total dividend by 6.3% to R8.45/share before tax despite the darkening economic situation.
News
Safaricom likely to borrow to fund Ethiopia bid
Safaricom, weighing up an offer for Ethiopia’s telecommunications business later this year, plans to take on debt to fund a joint bid by a consortium including parent Vodacom and two other entities.