Vodafone Regulatory & Compliance – Page 7
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PremiumSafaricom outlines plans to tackle staff fraud
Telco forms fraud management squads to identify internal fraud. 28 employees fired in FY20–21 for fraud-related offences.
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PremiumElsewhere in Vodafone Africa: Vodacom SA switches on 5G
Vodacom South Africa continues 5G rollout; Telekom Kenya leads case against Safaricom to cut fees for cross-platforms transactions on M-PESA; Mondia Group providing technology VodaPay Super App.
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Public AffairsPhones 4u saga continues with ‘burner’ phone allegation
Former Orange exec Benoit Scheen attempted to arrange untraceable call to collude with Vodafone, according to High Court claim. Illicit text messages uncovered as part of evidence discovery.
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Public AffairsVodafone Pass reviewed following EU judgement
ECJ goes further than expected by consumer group. VfD may be forced to provide the same terms and conditions through EU. Other European OpCos could be affected.
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Network & InfrastructurePortugal 5G spectrum auction finally ends after 200 days
Vodafone Portugal is second-biggest spender after NOS. Auction ushers in Dixarobil and Nowo as new entrants.
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Public AffairsVodafone pursues UK government over lost contract
Vodafone loses Foreign Office contract to Fujitsu, claims process breached procurement rules. Preliminary issue trial set for January 2022.
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Network & InfrastructureVodafone takes Ofcom to task over proposed 2100MHz fees
Vodafone warns that rise in licence fees risks being passed onto end users. New annual licence fees for 2100MHz set to come into force from January 2022. Group calculates significantly lower fee compared with Ofcom’s proposal.
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Network & InfrastructurePortugal’s auction pain continues as Spain shines on digital
Sale process now at 178 days and counting. Nick Read continues to sing praises of Spain’s example on digitisation. The CEO again warns that Europe is lagging on 5G and digital infrastructure.
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Public AffairsVodafone Germany takes action over sales partner fraud
Media report suggests German OpCo could incur fines over data privacy violations. Whistleblower said to have demanded €900,000 in exchange for non-publication of data. German case follows privacy incidents involving third-party agencies in Italy and Spain.
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Strategy & ChangeEthiopian mobile: Tigray overshadows Safaricom-Voda market entry
Escalating conflict and humanitarian crisis spreads in northern region. Prime Minister Abiy Ahmed criticised for Tigray response, but undeterred on reform agenda and courting private investment. What is Safaricom-led OpCo getting into? Unrest brews challenging conditions, as US sanctions threaten OpCo funding. Vodafone keeps a low profile in Ethiopian ...
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Strategy & ChangeElsewhere in Vodafone Associates & JVs: Indus tidies IT up
Indus tidies IT up; India becomes potential early target for Vodafone’s sat venture with AST.
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Enterprise (B2B)Vodafone’s Read wants Europe to ‘do a Spain’ on digital
Group CEO makes reference to €3bn budget for digitalisation of small businesses. Move chimes with existing Vodafone Business strategy to focus on SMEs.
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Public AffairsSafaricom split proposal all but quashed
Overwhelming majority of MPs choose not to engage in debate over Kenyan operator’s future structure. Controversial proposal does little to revive ghosts of the past.
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Network & InfrastructurePortuguese operators remain embroiled in epic 5G auction
Portugal’s 5G auction has completed 146 days of bidding, and counting. Government said to have no plans to intervene, but drag adds to 5G deadline pressure.
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Financial & PerformanceVi AGR appeal torpedoed; Birla seeks to jump ship
Vi challenges Supreme Court decision to stick with DoT’s AGR liability calculation. Vodafone’s junior partner Kumar Mangalam Birla resigns as Vi Chairman shortly after India’s top court sides with DoT. Vi CEO Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.
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Strategy & ChangeSafaricom looks closer to Ethiopian fintech expansion
Newly established Ethiopian OpCo reportedly given green-light to offer fintech service by market regulator. But incumbent rival already gifted year-long head start in m-money services realm.
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Financial & PerformanceVodafone, ABG keep funding taps closed for beleaguered Indian JV
Vi shareholders wash their hands of JV’s plight. Insist that private investment is the only way for Vi to remain going concern. Vi CEO Ravinder Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.
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Network & InfrastructureJoosub fears Telkom will put spanner in SA spectrum works
Vodacom CEO hopeful that operator dialogue with ICASA can solve impasse on 4G/5G spectrum. However, Joosub thinks Telkom has a propensity to “delay or play games”.
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Public AffairsUzan family sues Vodafone and others for $68bn
Turkish clan of business tycoons claims its assets were illegally seized and sold by the state. Vodafone’s 2005 acquisition of Telsim among the family’s grievances. Group denies all allegations of contributing to defraud the Uzans.
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Strategy & ChangeElsewhere in Vodafone Group: Group shells out €20m in fines
Dutch copycat in Ireland ‘not on cards’; sustainability front and centre with green network boost; Group shells out €20m in privacy fines.