All Shameel Joosub articles
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Weekly Briefings
Vodafonewatch Weekly: Q3 shows progress, amidst German mire and Africa turbo
Beyond overall positive Q3 results: e& continues to be embraced despite national security scrutiny (including joining RAN mega-tender); Vantage Towers deploys a CIO; Amdocs bags TPG; Spain gets the nod + Open Gateway…
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Financial & Performance
Vodacom charges past 200 million customer mark
South African group posts positive Q3 numbers, headlined by customer base milestone.
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Financial & Performance
Egypt in the spotlight as Vodacom revenues rocket
H1 FY23–24: Vodafone Egypt consolidation sees Vodacom revenue rise by more than 40%, with data customer and financial services growth playing a part.
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Financial & Performance
Vodacom adamant: no exits from DRC or Mozambique, unless market goes ‘wrong’
H1 FY23–24: CEO reiterates faith in ‘International’ OpCos, despite macro headwinds and pricing challenges — only “wrong” market structure would compel exits — as Egypt acquisition majorly rebalances business
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Network & Infrastructure
Vodafone signs Amazon satellite deal, puts fintech on the radar
Operators adding to satellite connectivity plans with Project Kuiper tie-up expected to see 2024 early services launch.
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Partnerships & Alliances
Vodacom declares war on load shedding with virtual wheeling agreement
Vodacom seals virtual wheeling agreement with South African power provider Eskom.
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M&A
Vodacom’s fibre plans knocked back by SA antitrust findings
South Africa’s Competition Commission recommends against regulatory approval, but Vodacom assures investors that the altnet consolidation plans are not finished.
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Financial & Performance
Vodacom boosts revenue as Egypt proves its worth
Group’s Q1 results showcase strength of Vodafone Egypt addition, but revenue growth recorded with or without the North African OpCo.
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Operations
Progress made, but long road ahead for Vodacom on emissions reduction
Group reports 17.3% downturn in total Scope 1 & 2 emissions when compared to previous FY.
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People
Safaricom Ethiopia loses CEO as Soussa’s time comes to an end
Anwar Soussa to exit at the end of July, with no replacement yet named.
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Partnerships & Alliances
Vodacom forges partnerships, bundles services in DRC mining boom
Vodacom Business targets further services expansion for DRC mining customers, building on existing partnerships.
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Premium
Vodafone FY22–23: Egypt central to Vodacom’s next phase
CEO Shameel Joosub talks up gains from Egyptian acquisition as Vodacom sets sights on growth.
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Network & Infrastructure
“Disastrous” load shedding threatens to constrict Vodacom network ambitions
Vodacom management laments load shedding policy as investment reallocated to fund backup energy solutions.
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Premium
Elsewhere in Africa: Ethiopia prepares to invite third operator to market
Ethiopia prepares to invite third operator to market.
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Premium
Vodacom seeks pan-African play for emerging fibre biz
Vodacom CEO Shameel Joosub is looking to build the Group’s fibre assets beyond South Africa once CIVH deal is closed.
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Premium
Vodacom to spend billions of rand on IPP energy
Vodacom close to purchasing energy from IPPs; deal set to complete in the “coming days”.
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Premium
Shared services hub to enable new market expansion in ‘One Africa, One M-PESA’ drive
Safaricom- and Vodacom-backed m-money venture launches new operations centre for centralised continental oversight.
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People
Vodafone loses its B2B chief
Vodafone Business CEO Vinod Kumar to ‘retire’ to new portfolio career.
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Premium
Vodacom cuts off police force for unpaid bills
Operator runs out of patience with South Africa Police Service.
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Premium
Joosub condemns excessive load shedding
Vodacom CEO argues that customers are becoming “increasingly frustrated” after 2022’s display of power outages and inconsistent connectivity.