Browsing: Vodafone Egypt

Vodacom Group CEO Joosub has put a price on the Egyptian venture and says South Africa and Kenya are likely to follow.

Vodacom’s Egyptian unit will co-invest through a joint venture with Elsewedy Electric and Cassava Technologies.

Egypt and Safaricom drove a 22.9% jump in headline earnings as the South African business posted only modest growth.

Vodacom Group-controlled Vodafone Egypt has secured additional mobile spectrum from the Egyptian regulator.

Vodacom Group has appointed Mohamed Abdallah as CEO of its international markets.

Vodacom Group now processes more than $400-billion in transaction value annually through its mobile wallet offerings.

Vodacom Group reported a 6.4% drop in full-year profit due to load shedding and operational activities.

Vodacom Group delivered a 4.7% increase in normalised revenue, to R30.7-billion, in the quarter ended 31 December 2022.

Vodacom Group has completed its acquisition of a controlling 55% stake in Vodafone Egypt from parent Vodafone Group.

Vodacom Group reported a 5.2% year-on-year improvement in quarterly revenue on the back of a “resilient” performance in its home market.