All Vodacom articles – Page 5
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Network & Infrastructure
Vodacom brands new TowerCo business as Mast
Vodacom sticks with simplicity in branding its new South African tower spinoff.
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Elsewhere in Africa: Ethiopia prepares for third operator
Ethiopia prepares for third operator.
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M&A
MTN 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.
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Network & Infrastructure
Vodacom connects 2Africa in latest subsea expansion
Vodacom sets Mozambique landing station live as 2Africa progress continues.
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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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Vodafone Peoplewatch: Vantage recalibrates board, elects new Chair
July 2023 update: Vantage Towers downsizes Supervisory Board, with Pierre Klotz replacing Rüdiger Grube as Chairman.
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Financial & Performance
Q1 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.
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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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M&A
Telefónica 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.
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Vodafone Q1 FY23-24 Headlines: Europe battles on despite stumbles at the top
European markets battle on but Germany, Italy, and Spain still faltering.
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Network & Infrastructure
Vodacom pledges more cash for network and backup power expansion
Vodacom investing in network and power backup upgrades in South Africa’s Eastern Cape.
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Elsewhere in Africa: Authorities break up battery theft crime ring
Authorities break up battery theft crime ring.
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Vodafone 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.
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Strategy & Change
E& 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.
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Vodacom names partner for merchant network expansion
Network International provides managed payment services for Vodacom Financial and Digital Lifestyle Services.
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Partnerships & Alliances
Safaricom builds Kenyan smartphone factory in budget device drive
Operator joins Chinese manufacturer and Kenyan ISP Jamii to co-create cut-price smartphones.
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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
Elsewhere in Africa: Ethiopian market braces for third entrant
Ethiopian market braces for third entrant.