Browsing: Shameel Joosub

Vodacom continues to defy weak economic conditions in the markets in which it operates, revealing on Thursday that its strong financial performance in the 2016 financial year has continued into the first three months of its new financial

South Africa’s two biggest mobile operators, Vodacom and MTN, have welcomed the decision by communications regulator Icasa to press ahead with a plan to license mobile broadband spectrum through an auction process. Icasa surprised

MTN has dished out R5,2m worth of shares to the CEO of its South African unit, Mteto Nyati. In a statement to shareholders on Friday, MTN said it had provided Nyati with an “off-market award of shares” as part of its performance share plan

Vodacom has dished out R18m worth of shares to its CEO as part of its forfeitable share plan. In a notice to shareholders on Thursday, the company announced that it had awarded 108 099 Vodacom shares, at a price each

Telkom has walked away from talks to buy state-owned telecommunications infrastructure provider Broadband Infraco, TechCentral has learnt. According to a…

On the back of a solid financial performance in the year ended 31 March 2016, Vodacom Group CEO Shameel Joosub took home R21,8m in pay, R14m of which was made up of a short-term incentive bonus. That’s double the

In the wake of Vodacom’s decision to close down its M-Pesa mobile money service in South Africa at the end of this month, a pioneer of mobile financial services for the mass market, Brian Richardson, CEO of Wizzit International, has

Vodacom wants to work with one or more other major telecommunications operators in South Africa to deploy fibre-to-the-home broadband infrastructure to reduce costs and make the business case for

South Africa is falling behind in broadband roll-out and access because of delays in allocating access to additional radio frequency spectrum bands to mobile operators, Vodacom warned on Monday. “Due to the country’s dependency on mobile