Vodacom pays $2.7bn for Vodafone Egypt, forms fibre JV
Vodafone on Wednesday reorganised the ownership structure of its African operations with a multi-billion-dollar deal.
Vodafone on Wednesday reorganised the ownership structure of its African operations with a multi-billion-dollar deal.
Also in today’s EMEA regional results-fest round-up: Telefónica’s Q2 boosted by Virgin Media O2 merger and Telxius deal; BT’s fiscal Q1 dented by corporate and public sector struggles; Cellnex puts in a towering performance in H1.
Vodafone was part of the consortium that won a new Ethiopian telecoms operating licence, but its direct involvement is minimal and will come solely through its existing African shareholdings.
A consortium including major players Vodafone, Vodacom and Safaricom has won a licence to offer telecoms services in Ethiopia, but the opening up of the country is unlikely to end here.
Finnish kit vendor Nokia has been working with Vodacom South Africa for 26 years, so it’s no big surprise for it to get the 5G gig.
With some lockdown protocols still in place and low broadband penetration, launching 5G with a fixed wireless access (FWA) spin is telecoms opportunism at its finest.
A joint venture owned by Safaricom and Vodacom has been handed the reigns for money transfer, financing and microfinancing service m-Pesa from Vodafone.
Working in tandem with Vodacom, KaiOS has brought another smart-feature phone to the market, this time in Tanzania for the remarkable price of $20.
Finnish networking giant Nokia has teamed up with US operator Sprint to demonstrate wireless live 4K video streaming at an event in Silicon Valley.
Vodacom has discontinued its M-Pesa mobile money service in South Africa, citing a mature market as reasons for its withdrawal.
Vodacom’s executive head of innovation, Jannie Van Zyl, today explained to AfricaCom attendees how the operator rolled out its LTE network, and how it’s primarily focussed on boosting customer satisfaction and experience.
African operator Vodacom addressed one of the key talking points at AfricaCom, detailing some of its work and thoughts on how to drive digital uptake across the continent.
MTN is looking into the possibility of acquiring a majority stake in fellow South African telco Telkom in a bid to challenge the country’s dominant provider Vodacom, a Bloomberg report has claimed.
Alcatel-Lucent has announced it will build a gigabit passive optical networking (GPON) solution for Vodacom in South Africa. The vendor claimed the solution will enable Vodacom to expand its subscriber base, and provide ‘ultra-broadband’ for bandwidth-hungry activities such as video streaming and online gaming.
Ericsson has announced its Wallet Platform has been deployed by Millicom-owned Tigo Senegal to offer financial services to customers across West Africa. Tigo Cash mobile services allow subscribers to make payments, store, transfer and withdraw money using a mobile device, even if the user doesn’t have access to traditional banking services.
The South African mobile operator subsidiary of UK-headquartered Vodafone has announced an agreement to acquire the market’s second largest fixed communications provider, Neotel, in a cash deal worth ZAR7.0bn ($673m). Negotiations between Vodacom and Neotel were announced in September last year, when Vodacom CEO Shameel Joosub pledged to pump significant investment into the merged entity should talks prove fruitful.
South African mobile service reseller Nashua Mobile, which trades in subscriptions for the country’s main operators, is to close operations and sell its 750,000 users to Vodacom and MTN. The company is also looking to offload its Cell C customer base to a third party.
Operator group Vodafone’s African subsidiary Vodacom has announced that it has entered into exclusive discussions regarding a potential acquisition of South African fixed line provider Neotel.
Mobile tower outsourcing in Africa continues apace with Vodacom Tanzania on Monday striking a deal to offload its entire tower network to Helios Towers and rent access back.
European mobile operator group TeliaSonera has announced the appointment of CEO of South African operator Vodacom International Johan Dennelind as its next president and CEO.
Chinese telecoms vendor Huawei has revealed a 69% fall in profit for 2022, which it blames largely on 'non-market f hhttps://t.co/u5lKb36y7A
31 March 2023 @ 13:09:55 UTC
The satellite comms arm of Richard Branson's extremely eclectic empire, Virgin Orbit, has laid off the bulk of its hhttps://t.co/aCOPgfjzeC
31 March 2023 @ 11:26:32 UTC
Smartphone makers need to tread carefully in their hunt for elusive growth opportunities this year. https://t.co/3X7jSL6cgT
31 March 2023 @ 09:24:44 UTC