Vodacom is in talks with companies that want to launch MVNOs on the company’s mobile network, reports the Sunday Times. Vodacom MD Sitho Mdlalose said the network provider is “open for business” with MVNOs to fulfil obligations that form part of its recently-acquired spectrum licence. “Already, we are in discussions with a number of interested parties...
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 on Monday reported a 9.5% decline in headline earnings per share (Heps), despite a 5% improvement in normalised revenue. The JSE-listed network operator blamed higher finance costs...
Mobile financial services are growing in Africa. According to the Tanzanian communications regulator, 39.5 million Tanzanians made 366 million transactions with a total value of around 12.7 trillion shillings ($5.4 billion) as of September 2022. Telecom operator Vodacom Tanzania announced on Thursday, October 27 that M-Pesa, its mobile financial services platform, has extended its international money...
Vodacom Tanzania has affirmed it will use the spectrum blocks it was awarded recently “effectively” and underlined its contribution to the country’s development Vision 2030. The operator released a statement in which it highlighted plans to use the 700MHz, 2600MHz and 2300MHz spectrum blocks awarded by the Tanzania Communications Regulatory Authority (TCRA) during the 2022...
Vodacom said on Wednesday that it has broken the 2Gbit/s barrier on its 5G network, achieving a transfer speed of 2.4Gbit/s. That’s almost two-and-a-half times faster than the speediest fibre-to-the-home connections available in South Africa, which top out at 1Gbit/s. The trial, on a live Vodacom site, made use of a commercially available smartphone and was...
Vodacom Tanzania Foundation in partnership with Helios Towers yesterday donated Sh17 million facilities to support ICT learning at a school in Kibaha. The facilities that were handed over to Nyumbu Secondary School include tablets, routers, a television set, printer and one year internet bundle. Speaking during the hand-over ceremony at the school, Vodacom Tanzania Foundation...
Vodacom and MTN have said the severe load shedding that Eskom has subjected South Africa to since last week is having a big impact on their networks, with flat batteries impacting service availability. MTN South Africa chief technology & information officer Michele Gamberini said the severity of the power cuts means batteries deployed at base stations...
Michael Magambo, former Helios Towers and American Tower executive, has been appointed managing director of Vodacom’s soon-to-be-launched TowerCo. The appointment comes as plans are at an advanced stage to separate Vodacom SA’s tower portfolio, and a new company to manage the assets will soon be operational. Vodacom Group CEO Shameel Joosub recently provided an update on the...
Vodacom Group is now offering cash advances to its underbanked client base in South Africa as the telecommunications provider pushes deeper into financial services. The company said on Tuesday that the new product, called VodaLend Cash Advance, gives customers “quick and secure access to money when they need it most”. Customers can access a cash advance...
Vodacom’s move to acquire equity in Community Investment Ventures Holdings (CIVH) spooked the telecoms market, opening a fierce race for Telkom’s assets. This is according to analysts, who say with the potential of a new fibre company being formed by Vodacom and CIVH, telcos are reassessing the market and realising that another large infrastructure operator,...
