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LATEST NEWS FOR Vodacom Group Ltd.  

Vodacom is a leading African communications company providing a wide range of communication services, including mobile voice, messaging, data, financial and converged services to over 103 million (including Safaricom) customers. From Vodacom's roots... [more info]

MTN values mobile-money arm at R75bn, considers IPO

13 Apr 2021 /  Loni Prinsloo, Bloomberg  
Mobile money is one of the fastest-growing sources of income for wireless-network companies operating in sub-Saharan Africa.

MTN ‘delighted’ as state opens up massive telecoms supply contract

31 Mar 2021 /  Duncan McLeod    3
The contract is worth billions of rand over its full term.

SA opens up lucrative state phone contract to MTN

30 Mar 2021 /  Loni Prinsloo, Bloomberg   5
Joins Vodacom in keeping 1.2m government employees connected.

MTN has a ‘pretty solid’ reason for not paying a dividend this year

11 Mar 2021 /  Simon Brown    1
MTN is a high-risk story, struggling to repatriate cash out of Nigeria and with legal troubles in Syria: Chantal Marx of FNB Wealth and Investments.

Regulation boosts local hedge fund industry

11 Mar 2021 /  Simon Brown  
FNB's Chantal Marx talks local telcos and MTN results. Metrofile CEO Pfungwa Serima on document storage, debt and the buyout offer. Hayden Reinders of Asisa looks at hedge funds as they come in from the cold

Icasa to appeal court order halting spectrum

UPDATE
9 Mar 2021 /  Nqobile Dludla, Reuters  
The court order further delays a process expected to begin this month.

Spectrum sale in doubt after Telkom wins ruling

8 Mar 2021 /  Loni Prinsloo, Bloomberg  
Suspending the process.

Telkom 9-months revenue up

UPDATE
8 Feb 2021 /  Nqobile Dludla, Reuters  
On buoyant mobile business.

Huge Group makes R800m offer for AdaptIT

5 Feb 2021 /  Simon Brown  
Gary Booysen of Rand Swiss talks the Telkom share price and Huge Group's bid to take over AdaptIT. Fortress's Vuso Majija on the true future of brick and mortar retail.

Vodacom boosts capex by 12% as spectrum auction nears

2 Feb 2021 /  Duncan McLeod  
Bringing capital expenditure to R2.7-billion from R2.4-billion in the year-ago quarter.

Biggest African data-center firm raises R2.5bn for new hub

2 Feb 2021 /  Loni Prinsloo, Bloomberg   1
'We do see continued growth in South Africa and this will form a big part of our focus for the next two to three years,' said Erwin

ICASA to oppose MTN’s court application on 5G spectrum auction

29 Jan 2021 /  Nqobile Dludla, Reuters  
The latest legal disputes threaten to further delay the auction, set for the end of March, after similar disputes halted the sale in 2016.

Vodafone considering options for Ghana business in Africa restructuring

UPDATE
27 Jan 2021 /  Loni Prinsloo and Thomas Seal, Bloomberg  
Could sell majority stake to Vodacom.

Cell C’s expanded roaming agreement with Vodacom ‘part of its new strategy’

14 Jan 2021 /  Duncan McLeod   1
Plans to use both Vodacom and MTN networks to provide cellular services.

Cell C starts moving customers to Vodacom network

13 Jan 2021 /  Nqobile Dludla, Reuters   1
Transitioning its contract and broadband clients first.

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