Vodacom Group has completed its acquisition of a controlling 55% stake in Vodafone Egypt from parent Vodafone Group.
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Democratic Republic of Congo authorities have sealed the offices and seized the accounts of Vodacom’s operations in the country.
Emirates Telecommunications Group is exploring a potential investment in Vodacom Group as it seeks to boost its international footprint, sources said.
Vodafone Group CEO Nick Read will step down at the end of 2022 following a year when the telecommunications company’s share price sank.
Mobile virtual network operators will double their market share in the next two to three years, according to a new report.
Vodafone Group offers business students a lesson in the good, the bad and ugly of mergers and acquisitions.
Vodacom Group spent a record R5.8-billion on its network in South Africa in the past six months to fight load shedding and improve its network quality and performance.
Vodacom Group plans to roll out financial services products in its new market of Egypt, using the super app it is developing alongside China’s Alibaba Group.
Vodacom Group’s half-year headline earnings fell 9.5% due to start-up losses in Ethiopia and higher finance costs.
Safaricom, Kenya’s biggest telecommunications operator, has reported a 10% drop in its first-half net income.