South Africa – Page 3
-
PremiumElsewhere in Africa: Ethiopia prepares for third operator
Ethiopia prepares for third operator.
-
M&AMTN CEO: consolidation “inevitable” for South Africa despite Vodacom’s fibre challenge
Ralph Mupita expressed his surprise that Vodacom’s fibre consolidation proposal is facing regulatory blocks, but reiterated pro-consolidation stance.
-
Network & InfrastructureVodacom connects 2Africa in latest subsea expansion
Vodacom sets Mozambique landing station live as 2Africa progress continues.
-
M&AVodacom’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.
-
PremiumVodafone Peoplewatch: Vantage recalibrates board, elects new Chair
July 2023 update: Vantage Towers downsizes Supervisory Board, with Pierre Klotz replacing Rüdiger Grube as Chairman.
-
Financial & PerformanceQ1 FY23–24: Vodafone’s turnaround trudges on as Della Valle heralds ‘first steps’
CEO Margherita Della Valle claims early efforts are starting to bear fruit as the Group posts revenue growth.
-
Financial & PerformanceVodacom 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.
-
M&ATelefónica puts Nabiax stake 'up for sale'
Report from Reuters indicates Asterion has appointed banks to explore divestment of Nabiax, potentially including Telefónica’s remaining 20% stake. Speculation closely follows sale of Nabiax’s Americas portfolio, marking a shift of focus onto Spanish market.
-
PremiumVodafone Q1 FY23-24 Headlines: Europe battles on despite stumbles at the top
European markets battle on but Germany, Italy, and Spain still faltering.
-
Network & InfrastructureVodacom pledges more cash for network and backup power expansion
Vodacom investing in network and power backup upgrades in South Africa’s Eastern Cape.
-
PremiumElsewhere in Africa: Authorities break up battery theft crime ring
Authorities break up battery theft crime ring.
-
PremiumVodafone Peoplewatch: Cell C swoops for ex-Vodacom execs
June 2023 update: Former Vodacom consumer chief Jorge Mendes takes top job at South African operator Cell C.
-
Strategy & ChangeE& expansion rumours encroach on Vodafone turf
Vodafone’s largest shareholder following through with global growth ambitions, with early targets coinciding with European operator’s satellites.
-
PremiumVodacom names partner for merchant network expansion
Network International provides managed payment services for Vodacom Financial and Digital Lifestyle Services.
-
Partnerships & AlliancesSafaricom builds Kenyan smartphone factory in budget device drive
Operator joins Chinese manufacturer and Kenyan ISP Jamii to co-create cut-price smartphones.
-
OperationsProgress 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.
-
PeopleSafaricom 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.
-
Partnerships & AlliancesVodacom forges partnerships, bundles services in DRC mining boom
Vodacom Business targets further services expansion for DRC mining customers, building on existing partnerships.
-
PremiumElsewhere in Africa: Ethiopian market braces for third entrant
Ethiopian market braces for third entrant.
-
Venturing & InvestmentsWorld Bank investment arm swoops for stake in Safaricom Ethiopia
World Bank’s IFC to take minority stake in STE with $157.4m equity investment in parent Global Partnership for Ethiopia.