Vodacom will use its newly acquired spectrum assets to build out 4G and 5G infrastructure and grow its presence in the wireless broadband market, CEO Shameel Joosub said.
Browsing: Shameel Joosub
Vodacom South Africa MD Balesh Sharma is leaving the mobile operator after less than two years in the role to pursue a new opportunity in Europe.
Vodacom and MTN were by far the biggest spenders in South Africa’s spectrum auction, agreeing to cough up more than R5-billion each for prime access.
The long-running legal dispute in the “please call me” saga between Vodacom and its former employee, Nkosana Makate, has taken another turn.
VodaPay and other financial services offerings are playing an increasingly important role in Vodacom Group’s growth story.
Telkom has again filed papers to try to stop the upcoming spectrum auction, a move that will likely see the company heavily criticised.
Following a “lengthy competitive process”, MTN Group will sell a big chunk of its South African tower portfolio to IHS Towers in a R6.4-billion deal.
Vodacom Group will spin off its South African tower portfolio into a separate business and may seek partners for the newly created entity.
Vodacom Group may consider a separate listing of its financial services business in South Africa to unlock value.
Vodacom Group is entering North Africa for the first time, announcing on Wednesday that it will acquire Vodafone Egypt from parent Vodafone Group for R41-billion.