Aware of the many different socio-economic complexities and dynamics that continue to impede digital access in parts of Africa, the Vodacom Group aims to connect the next 100 million Africans through its “Africa .Connected”. This major project supports the group’s ambition to ensure that no one is excluded from the global digital economy and that every...
Vodacom has filed papers in the Pretoria High Court to oppose Telkom’s application for an urgent interdict against the spectrum auction that industry regulator Icasa wants to hold on 8 March 2022. Telkom approached the Pretoria High Court last week Tuesday to block the Independent Communication Authority of South Africa (Icasa) from going through with the...
Just a week after rival MTN said it would cut international roaming charges for accessing data services abroad, Vodacom has followed suit. Vodacom said its customers will now get out-of-bundle rates when travelling abroad of as little as 49c/MB. The most its roaming customers will pay is R5/MB, it said. It said that, in some instances, this means...
Africa’s digital economy has the potential to reach US$180-billion by 2025, approximately 5% of the continent’s GDP, according to market research by the International Finance Corporation and Google and referenced by Vodacom in its announcement that it intends to expand its managed service Cloud Connect offering. The mobile network operator says Cloud Connect “provides businesses...
Since Friday, November 19, 2021, Vodacom Congo has a new Deputy General Manager in the person of Mrs. Pamela Ilunga. Ms. Ilunga was appointed to this key position by decision of the Board of Directors of Vodacom Congo, alongside Mr. Khalil Al Americani, Chief Executive Officer, in order to ensure in particular the management of External...
South Africa’s Vodacom Group has reported that net profits for the six months ended 30 September 2021 fell to ZAR8.87 billion (USD578.7 million) from ZAR9.27 billion for the corresponding period of 2020, despite a rise in first-half revenue to ZAR49.86 billion from ZAR47.84 billion. However, operating profit was also down at ZAR14.06 billion from ZAR14.47...
Vodacom South Africa has entered into an agreement to acquire a co-controlling interest in all of the material assets currently owned by Community Investment Ventures Holdings (CIVH), including Vumatel and Dark Fibre Africa (DFA). On completion of the transaction, Vodacom will hold a 30% equity interest in a newly formed entity known as InfraCo, that...
Vodacom Group will spin off its South African telecommunications tower portfolio into a separate business and may seek partners for the newly created entity. CEO Shameel Joosub told TechCentral in an interview on Monday that the plan is to spin off the “towerco” (it doesn’t have a formal name for the new entity yet) by the...
Vodacom has set its sights on becoming Africa’s top Fintech operator, saying financial services business is integral to its business model, and the telco is targeting over 70 million customers in the next three years. Vodacom revealed its Africa Fintech plans today as the company released details of its half-year results performance, with group CEO...
Vodacom’s capital expenditure in South Africa jumped by 11.1% year on year in the six months ended 30 September 2021, pushing spending on its network to R5.6-billion from R5-billion a year ago. The increased spending comes after significant investments by MTN, its principal rival in the South African market, in recent years. That investment by MTN...
