Anne O’Leary, the CEO of Vodafone Group’s operations in Ireland, will join the Vodacom Group board as a non-executive director from January 2021.
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For the second time in less than two weeks, Vodacom was having major problems with its network in South Africa on Monday. Services were eventually restored on Monday evening.
Ethiopia’s protracted privatisation process faces sticking issues as the government and prospective investors prepare to meet this week, with an escalating armed conflict starting to add to concerns.
CIVH, the Remgro-controlled holding company that owns both Vumatel and Dark Fibre Africa, is talking to both local and international investors to raise R6-billion in new funding.
Vodacom South Africa is building a platform to support mobile virtual network operators and expects to launch this soon after the conclusion of the spectrum auction next March.
Vodacom South Africa enjoyed a 64% year-on-year increase in data consumed by “smart devices”, including smartphones and tablets, driven by the Covid-19 lockdown, parent Vodacom Group said on Monday.
Vodacom Group hiked its interim dividend by 9.2% to R4.15/share (R3.80 previously) on strong headline earnings growth in the first half of its 2021 financial year and a dividend receipt from Kenya’s Safaricom.
Vodacom Group reinstated growth targets and said it has the financial strength to take part in a long-awaited auction of broadband spectrum in South Africa.
Promoted | Vodacom has teamed up with Amazon to offer eligible customers six months of Amazon Prime Video. All existing and upgrading contract Vodacom customers can enjoy six months of Amazon Prime Video on Vodacom.
Telkom CEO Sipho Maseko said on Tuesday that the company has briefed its lawyers to “consider and advise” on its available options given its deep unhappiness with Icasa’s invitation to apply for broadband spectrum.