Browsing: Vodacom

So, Ahmad Farroukh, MTN South Africa’s CEO of the past 11 months, is leaving at the end of July. His tenure has been rocky, to say the least. He was brought in to turn around the troubled operator

MTN’s black economic empowerment share scheme, MTN Zakhele, says its imminent listing on the JSE’s BEE board will provide shareholders with regulatory certainty for trading their shares. This is after the Financial Services Board

Victory Park, Linden, Bryanston South and Blairgowrie will be the latest suburbs in Johannesburg to get fibre-to-the-home broadband, start-up fibre telecommunications operator Vumatel said on

Perhaps the biggest surprise to come out of this week’s conditional approval by the Competition Commission of Vodacom’s R7bn acquisition of Neotel is not that the commission has attached stringent conditions to the

Communications regulator Icasa intends imposing a 30% black economic empowerment requirement on Neotel as a condition of allowing Vodacom to buy the company. It may also require Neotel to roll out 25% of

Vodacom’s share price shot up by more than 4% on Wednesday morning. The strong performance followed news on Tuesday evening that the Competition Commission has decided to recommend the approval of

The government has sold its 13,91% stake in Vodacom to the Public Investment Corporation to help fund the R23bn allocation to Eskom, national treasury said in a statement on Wednesday. The national

Regulators’ approval of Vodacom’s R7bn bid to buy fixed-line business Neotel should worry Telkom, said an analyst. On Tuesday, the Competition Commission gave Vodacom the green light to buy Neotel for