Browsing: Safaricom

MTN is Africa’s most valuable telecoms brand

MTN has emerged as Africa’s most valuable telecommunications brand, according to a new research report by brand valuation and strategy consultancy Brand Finance. The MTN brand is worth US$3.3bn, up 9% from

Vodacom subscriber numbers jump 13%

Vodacom had 73.6m active customers across its various markets at the end of December, an increase of 13% year on year, the JSE-listed telecommunications group said on Wednesday in a

Vodacom data revenue tops voice for first time

Revenue from data at Vodacom South Africa, the telecommunications group’s biggest market, has topped voice revenue for the first time, interim results for the six months ended 30 September 2017 show. Data revenue in South Africa

Vodacom shares tumble on competition probe

Vodacom Group slumped the most in more than seven years after South Africa’s antitrust regulator started a probe into a contract with the national treasury that may constitute an abuse of market dominance. The September

Vodacom tumbles 8% on Vodafone share sale

Vodacom shares tumbled almost 8% on Wednesday after parent, the UK-headquartered Vodafone, said it had sold a chunk of its shares worth almost R15bn to meet the JSE’s 20% free-float requirement. Vodafone said it sold about

Vodacom to extend mobile money to new markets

Vodacom Group sees the expansion of mobile banking services into new markets in sub-Saharan Africa as a top priority following a shareholder vote to rubber stamp its purchase of a 35% stake in Safaricom, Kenya’s biggest company

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