Vodacom has launched Easy2Own, a new offering that it said will make it easier for poorer consumers to afford smartphones.
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Just a week after rival MTN said it would cut international roaming charges for accessing data services abroad, Vodacom has followed suit.
MTN South Africa has taken a knife to international data roaming charges, cutting the price from R2.50 to 99c/MB effective immediately. There are some caveats, though.
Icasa has licensed “provisional” spectrum to operators, ahead of an end-of-the-month deadline to do so, in the process resolving the threat of legal action.
The regulator is suspending expedited plans, at least temporarily, for licensing a wholesale open-access network.
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 targeting a 27% expansion in its financial services customer base to 73 million by March 2024.
Vodacom’s capital expenditure in South Africa jumped by 11.1% year on year, pushing spending on its network to R5.6-billion from R5-billion a year ago.