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‘Invest or die’ at Vodacom, Vodafone keeps things flexible
Joe Purnell2026-05-19T14:34:00
Source: Vodafone
FY25–26 Spend: Vodacom CEO Shameel Joosub sees no need for nuance in justifying capex plans; Vodafone’s Margherita Della Valle is more measured as capital intensity programme builds in flexibility and future investment even as network outlay tapers in key markets.
This article includes:
- Themes: Capital expenditure (capex); Cost optimisation; Infrastructure investment; Telecommunications strategy; Value creation.
- Events: Vodafone and Vodacom FY25–26 earnings.
- People: Margherita Della Valle; Pilar López; Shameel Joosub.
- Geographic: Africa; Europe; South Africa; United Kingdom (UK).
- Organisations: Vodacom; Vodafone; VodafoneThree.
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