Tag: Vodacom
Vodacom full-year profit slides 6.4%
Vodacom Group reported a 6.4% drop in full-year profit due to load shedding and operational activities.
Its headline earnings per share came in at R9.48 for...
MTN retains position as most valuable brand in South Africa
MTN has retained its enviable position as the most valuable brand in South Africa, with a brand value of US$40.94 billion in the latest...
Vodacom to boost network spending in South Africa
Vodacom Group will spend at least R12-billion/year on average on its network in South Africa over the next five years, an acceleration over the...
MTN SA police contract declared unlawful as Vodacom wins case
The High Court in Pretoria has declared the South African Police Services’ R20-million-a-month ($1.08 million) contract for cellular services with MTN unlawful, Rapport reports.
The...
Vodafone deny allegations it plans to sell Vodacom
Vodafone Group has said there were no discussions underway on the sale of its majority stake in Vodacom, as rumours emerged it was mulling...
Vodafone exploring options for $14billion African Unit
Vodafone Group Plc is exploring options for its African business as investors ramp up pressure on the UK telecom company to boost performance, people...
Vodacom sue South African police for choosing MTN over it
Vodacom has sued the South African Police Service (SAPS) for terminating its 20-year contract and giving it to MTN.
Over the past 20 years, Vodacom...
Vodacom offices in DR Congo locked up over tax dispute
Democratic Republic of Congo authorities have sealed the offices and seized the accounts of the local branch of Vodacom over a tax dispute.
In a...
Vodacom in may sell shares to Etisalat – sources
Emirates Telecommunications Group, also known as Etisalat, is exploring a potential investment in Vodacom Group as it seeks to boost its international footprint, people familiar...
Safaricom Ethiopia launches network
Safaricom has launched mobile services in Ethiopia after securing an operating licence from the government in 2021.
At the same time, Safaricom Ethiopia has been granted...