Vodafone Group explored a sale of its Ghanaian business to subsidiary Vodacom Group in early 2021 but that deal did not materialise.
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Vodacom Group reported a 5.2% year-on-year improvement in quarterly revenue on the back of a “resilient” performance in its home market.
Vodafone New Zealand is selling its mobile phone tower assets to investment firms for NZ$1.7-billion, or about R17.9-billion.
Vodafone was founded in 1984 and sees itself as a pioneer. Yet as it approaches its fifth decade, many of its stellar achievements are now reminders of a distant past.
Vodacom Group is mulling a bond issue and will pay a smaller proportion of its earnings in dividends as it looks to finance new growth plans.
Vodacom parent Vodafone will work with Intel and other silicon vendors to design its own chip architecture for OpenRAN network technology.
Vodafone Group recently explored a potential purchase of Three UK from CK Hutchison, people with knowledge of the matter said.
Vodacom Group’s planned acquisition of Vodafone Egypt from its parent, Vodafone Group, has received the go-ahead from shareholders.
US tech giants should bear some of the costs of developing Europe’s telecommunications networks, the CEOs of major European operators said.
Vodacom Group is targeting a 27% expansion in its financial services customer base to 73 million by March 2024.