Shameel Joosub News

Shameel Joosub, CEO, Vodacom

South Africa's Vodacom to buy 35% Of Kenya's Safaricom from parent Vodafone

Southern African telecoms giant Vodacom Group will buy a 34.94% stake in Kenyan operator Safaricom – known for its ground-breaking M-Pesa mobile money system.

afaricom hopes to spread across Africa. Credit: Reuters/Noor Khamis

Safaricom is planning to expand M-Pesa mobile money across Africa

Safaricom is planning to take its successful mobile money service M-Pesa across Africa after building a dominant home base in Kenya and presence in its East African neighbors.

Shameel Joosub CEO, Vodacom

Vodafone unit mulls bid for South Africa state internet company

Vodafone Group Plc’s South African unit is considering a bid for unprofitable state-owned Internet company Broadband Infraco, as the government works toward the privatization of some assets to boost the country’s finances.

A shopper walks past a Vodacom shop in Johannesburg February 4, 2015. REUTERS/Siphiwe Sibeko

South Africa's Vodacom drops Neotel deal on regulatory hurdles

South Africa mobile operator Vodacom on Monday dropped a planned acquisition of local fixed line operator Neotel, citing regulatory complexities.

Shameel Joosub, CEO, Vodacom Group

Smartphone boom will drive African data explosion: Shameel Joosub, CEO, Vodacom Group (Video)

Cheap smartphones could drive a data revolution in Africa, according to the CEO of one of Africa’s biggest cellphone operators.

Shameel Joosub, CEO, Vodacom

Vodacom's $576M Neotel deal wins South Africa antitrust approval

Vodacom Group Ltd., the African unit of Vodafone Group Plc, was granted provisional approval by South Africa’s Competition Commission to buy Internet provider Neotel Pty Ltd. for 7 billion rand ($576 million).

Shameel Joosub, CEO, Vodacom

Vodacom to Use Neotel Deal to Expand High-Speed Fiber Cable: Shameel Joosub, CEO, Vodacom

Vodacom Group Ltd. plans to use its agreed acquisition of Internet provider Neotel Pty Ltd. to speed up the introduction of high-speed fiber-optic cable for South African businesses and homes.