Africa & Middle East – Page 31
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Public AffairsRegulations hit Vodacom customer tally
Vodacom Tanzania indicates impact of regulator’s fraud reduction scheme. Another 1.1 million SIM cards due for disconnection imminently.
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Strategy & ChangeElsewhere in Vodafone Africa
Vodafone launches Africa.Connected campaign to bridge the digital divide, while Joosub clears things up regarding Ghana in Q3 results.
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M&AVodafone readies cheque for Egyptian fintech players
Vodafone Egypt signs MoU for minority stakes in digital payment players Bee and Masary. New Vodafone Egypt CEO Abdallah seeks to paint deal as part of “promising” strategic investment plan, following Group’s failed exit.
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PremiumVodafone people moves: Italy’s commercial leadership confirmed
Veteran executive departures at the top of India’s Vi. Vodafone Hungary’s Enterprise Business Unit gets a new lead from Apple. Raimondi named Commercial Director in place of now-Chief Commercial Officer Duilio.
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PremiumVodafone people moves: new lead to drive Group transformation plans
New Transformation Director in as CFO mulls yet another step-up in efficiencies plans. New CEO Aksoy formally takes over at Vodafone Turkey. Vantage Towers inaugurates its Supervisory Board with Grube as Chair. CISO swap at India’s Vi.
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Strategy & ChangeVodacom’s Joosub dismisses Vodafone Ghana buyout talk
Acquisition of Ghanaian OpCo by Vodacom not under consideration, according to Chief Executive.
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PremiumPartner Markets: Vodafone’s scale-up substitute
Federation spanning 46 markets across the globe, with operators in New Zealand, Oman, and eastern Europe among recent adds.
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Strategy & ChangeVodafone said to be considering Ghanaian switcheroo
Possible offload to Vodacom said to be under consideration. Deal would chime with Group leadership’s bid to consolidate Africa and Europe power bases while improving financial position. Political complications likely to be a factor.
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Network & InfrastructureVodafone spectrum auctions to watch, 2021
Markets across Vodafone’s footprint have spectrum auctions planned in 2021. UK, India, Australia among the key bids to watch — though 2020 set a precedent for delays.
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Strategy & ChangeElsewhere in Vodafone Africa: banking products extended
Vodafone Ghana and Safaricom look to expand financial services offering with new products.
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Network & InfrastructureVodacom SA files 4G/5G auction application
Much-delayed auction of spectrum licences still mired in controversy and legal action.
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Partnerships & AlliancesVodacom Tanzania fine-tuned for Mdundo music
Co-developed “proof of concept” lays groundwork for VdT digital media set expansion. Group enabling ambitious Kenya-based startup to broaden horizons in Africa.
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M&AVodafone abandons Egypt exit talks
Long-awaited deal falls through, with STC apparently failing to reach an agreement with minority-owner Telecom Egypt. Vodafone Group CEO Nick Read remains philosophical after trekking to Egypt for talks with the President.
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PremiumElsewhere in Associates & JVs: Mitie takes Cornerstone contract
Consumer loan service in Egypt set for green light; Vi wants 2G open RAN; India continues to drag out tax dispute.
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PremiumVodafone Oman launch pushed back
Flagship greenfield alliance for Vodafone’s Partner Markets federation continuing to be hit by delays. Bureaucratic hurdle cleared, but launch still appears some months away.
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Suppliers & SCMAltiostar flagged as supplier for Vodafone partner AST SpaceMobile
Vodafone signals plan to integrate SpaceMobile service with Vodacom, Safaricom, and Vodafone offerings initially in DRC, Ghana, Kenya, Mozambique, and Tanzania.
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Network & InfrastructureSafaricom puts 5G on ice
Kenyan operator plans to focus on building its 4G business for now. Safaricom’s previous reliance on Huawei comes under spotlight amid ongoing US trade talks.
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PeopleEngin Aksoy takes Vodafone Turkey top spot
Former Turkey Consumer CEO replaces promoted Froment-Curtil. Vodafone Turkey has third CEO in less than a year.
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PremiumHeadline numbers: weathering the storm, for now
Key numbers relatively solid, reflecting telecoms sector’s cushioning from worst of pandemic disruption. Cost-cutting props up earnings, offsetting top-line weakness. Results preceded latest coronavirus response measures, which will have exacerbated drag on roaming revenue. Government support measures and resumption of international travel cited as key to maintaining solidity.
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PremiumAfrica: resilient SA helps Vodacom through crisis
Vodacom continues to perform well despite regulatory and macro pressures across its regional footprint. However, unfavourable currency trends remain fly in the ointment when Group’s results are translated to Vodafone’s P&L. No sign yet that Vodafone management is going cool on its commitment to Africa, despite weaknesses and willingness ...