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TelcoX EMEA Leadership & Performance Study

Vodacom’s IoT bet ‘still in startup’ seven years in

Joe Purnell2026-05-15T10:40:00

Source: IoT.nxt

Group CEO Shameel Joosub says IoT.nxt is yet to break even, but producing confidence-inspiring results and (modestly) contributing to Vodacom’s ‘beyond mobile’ expansion.

This article includes:

Themes: Internet of Things (IoT); Revenue diversification; Strategic investments; Telecommunications innovation; Beyond mobile strategy.
Events: Vodacom/Vodafone FY25–26 earnings calls.
People: Lazo Karapanagiotidis; Nico Steyn; Raisibe Morathi; Shameel Joosub.
Geographic: Africa; Netherlands; South Africa; United Kingdom (UK); United States (USA).
Organisations: Cell C; Deutsche Telekom; Eskom; Safaricom; T‑Systems; Vodacom; Vodafone; IoT.nxt; Vantage Towers.

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