Vodacom is in discussion with Remgro to acquire Community Investment Ventures Holdings (CIVH), which owns Vumatel and DFA. This is feedback from well-placed sources who told MyBroadband Vodacom’s interest in Vumatel did not die down after the CIVH acquisition. In May 2018, MyBroadband reported that both CIVH and Vodacom were in discussions to acquire Vumatel. At...
South Africa’s National Department of Health (DoH) and Discovery have partnered to launch a COVID-19 Alert app in an attempt to strengthen the existing contact tracing methods in the country. The app is a free exposure notification tool that lets users know if/when they have been in close contact with someone who has tested positive...
Vodacom Mozambique has published five major objectives for the next five years which include a range of network and social projects. The firm is looking to have infrastructure covering 21 million people by the end of 2025, while it will also kick off its Digital Village scheme, which aims to improve connectivity and ICT access in rural...
Vodacom Group has announced Raisibe Morathi as its new Group Chief Financial Officer (CFO), effective 1 November 2020, when she will also be appointed to the Vodacom Group Board. In a statement released to the media, the operator said as one of the most experienced and one of very few African black female CFOs of...
South Africa’s two biggest mobile network operators – Vodacom and MTN – recently rolled out their 5G networks. Vodacom was first to launch its network on 5 May, going live at 20 sites, with 18 in Gauteng and two in the Western Cape. The operator said that, given enough spectrum, 5G will work at average speeds of...
Smart Class, a company dealing with connecting students with tutors and learning online, has won the Vodacom Digital Accelerator Program, run by Vodacom Tanzania in partnership with Smart Codes. The program launched in 2019 to help early-stage and growth-stage technology start-ups “become profitable and revenue generating businesses”. According to Vodacom Tanzania, the program received over...
Thousands of investors in Vodacom Group’s black economic empowerment scheme, YeboYethu, have failed to claim more than R73-million in dividends owing to them. The unclaimed dividends belong to more than 12 000 YeboYethu shareholders, the telecommunications operator said on Wednesday. “The administrators of the scheme have been unable to pay over the dividends owing to shareholders not...
Vodacom will invest an extra R200 million in the Eastern Cape, as it takes on rivals in an aggressive expansion in the rural areas. The capital expenditure will go towards the deployment of 20 new base stations in urban areas and 18 new base stations in rural areas. Vodacom says it will also invest in...
South African telecommunications companies are calling for lower spectrum auction prices. This is according to the interim results of a study by local research firm World Wide Worx into the prospects for 4G and 5G in SA, based on interviews with major mobile network operators and Internet service providers in the country. The study comes...
Despite regular reports of fraudulent subscriptions and incorrectly-debited airtime balances, major South African mobile operators continue to allow Wireless Application Service Provider (WASP) billing on their networks by default. A recent industry investigation found that airtime theft was occurring on a mass scale from Vodacom’s prepaid customers, with fraudsters using a gateway developed by the mobile operator...
