Vodacom has shown good growth in the user base of its South African operation, and turned in a healthy service revenue increase in its international services for the quarter to June 2014. Group revenue for the quarter
Browsing: Vodacom
The South African mobile payments space is hotting up with another contender entering the fray. FlickPay is the fifth mobile payments application to be launched in South Africa in recent months and, although it’s not
Vodacom said on Tuesday that it had won a long-running court battle with former employee Nkosana Makate over the operator’s “please call me” service, which Makate claimed he invented. “Please call me” is a free SMS service that allows consumers to ask other people to call them when they can’t afford or don’t have
Vodacom is going to face an uphill battle in its attempt to get regulatory approval for its R7bn acquisition of Neotel. Its competitors, who are already publicly questioning the legality of the deal, are likely to lobby for it to be scuppered or at the very least have strict conditions imposed on it. “It will be challenged
South Africa’s cellular operators have been trying for years to crack the mobile commerce code, but haven’t been able to repeat the successes they’ve had in countries such as Kenya, Tanzania and Uganda. MTN, working with Pick n Pay, may just have found the key to success at
Vodacom announced on Friday that its CEO, Shameel Joosub, acquired nearly R3,5m worth of the company’s shares this week at an average purchase price of R129,35/share. News of the share purchase comes just days after Vodacom announced that Joosub had also been granted 95 482 new shares as
Telkom’s share price has reached its strongest levels in more than five years, touching highs not seen since May 2009 when the telecommunications operator disposed of its 50% stake in Vodacom. On Friday, the counter reached a new five-year high of R46,42/share before falling back. On
MTN will not get access to Telkom’s valuable chunk of 4G/LTE radio frequency spectrum in the 2,3GHz band. The negotiations between the two companies, in which it is proposed that MTN takes over the financial and operational management of Telkom’s radio access network, specifically excludes
Vodacom should be required to separate itself into distinct retail and wholesale arms, similar to the way Telkom has been required to structure itself, if the mobile operator’s proposed R7bn acquisition of Neotel is allowed by regulators to go ahead. That’s the view of the
In The Tipping Point, Malcolm Gladwell demonstrated how fines that are set too low create the wrong behaviour. Only if they are set right does the required modification occur. I suspect we have a case of this here in South Africa, with the recent universal service obligations imposed on our leading national telecommunications