Vodacom News

9mobile

Virgin, Vodacom and BUA Group eye former Etisalat Nigeria unit

Virgin Mobile and Vodacom, as well as Bua Group, are among companies interested in acquiring 9mobile, formerly Etisalat Nigeria, according to ThisDay.

Malusi Gigaba, South Africa's Minister of FinanceMalusi Gigaba, South Africa's Minister of Finance

South Africa Weighs State Internet Company Merger

South Africa is considering a merger of state-owned technology companies Broadband Infraco and Sentech to help to accelerate the rollout of high-speed internet to the population within three years, according to two people familiar with the matter.

Jabu Moleketi, incoming Chairman, Vodacom

Vodacom names Moleketi as Chairman

South Africa’s Vodacom Group said on Thursday it has appointed non-executive director Jabu Moleketi to succeed Peter Moyo as the mobile phone network operator’s next chairman.

M-Pesa

M-Pesa, Safaricom, Kenya regulators and Vodacom could be about to open up mobile money in Africa

M-Pesa, the mobile money system that is the pride and anchor of Kenya’s homegrown technology community, has had plenty of hype and excitement since its 2007 launch.

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.

Mteto Nyati, outgoing CEO, MTN South Africa

MTN South Africa's CEO Mteto Nyati resigns, to be replaced by Motsa

Africa’s biggest mobile phone operator MTN Group said on Tuesday that Mteto Nyati, the chief executive of its South African unit, will be resigning in March and will be replaced by Godfrey Motsa on the same day.

A Jumia office: In 2016, Jumia became Africa's first "Unicorn". Credit: qz.com/Reuters/Akintunde Akinleye

Here's what could happen if Africa's top mobile operators and start-ups work together

Telecom operators across the African continent continue to face significant risks when it comes to revenue growth.

Africa's banker of tomorrow

Armed with fintech and fueled by data: Africa's banker of tomorrow

Markets in Shanghai closed up today on news that the Chinese bullet train manufacturer Fujian Corp won the contract to connect Casablanca to Abidjan.

MTN Nigeria

MTN versus Nigeria

MTN’s misadventures in Nigeria have become a cautionary tale for multinationals and governments in the region – but for which side is still a matter of some debate.

South Africa's Blue Label pays $400m for Cell C stake

South Africa's Blue Label pays $400M for Cell C stake

Blue Label Telecoms the largest distributor of prepaid airtime and data in South Africa, will pay 5.5 billion rand ($400 million) for a 45 percent stake in debt-laden mobile firm Cell C Ltd, it said on Wednesday.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Econet Wireless & Royal Bafokeng to purchase Neotel for $428M creating Africa's largest broadband network

Econet Wireless Global affiliate Liquid Telecom agreed to pay 6.55 billion rand ($428 million) for South African Internet-service provider Neotel Pty Ltd., creating the continent’s largest broadband network and business-to-business phone carrier.

MTN's latest turnaround strategy involves poaching top executives from its arch rival

MTN's latest turnaround strategy involves poaching top executives from its arch rival

Africa’s largest telecom is appointing a new CEO, and shaking up its board and top executives.

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.

South Africa's MTN is the most admired brand in Africa

MTN, Samsung and Coca-Cola top list of most admired brands in Africa

Brand Africa has announced that MTN is the overall best brand in Africa and reclaimed the #1 spot as the Most Admired Brand in Africa at a gala launch of the 4th Annual Brand Africa 100: Africa’s Best Brands at Sandton Convention Center.

Jabu Mabuza, Chairman, Telkom

Telkom said to seek Cell C for less than $1.6B price

Telkom SA SOC Ltd. is seeking to buy mobile-phone operator Cell C Pty Ltd. for less than the 22 billion rand ($1.6 billion) value placed on the South African company by its owners, according to a person familiar with the situation.

MTN in talks with IHS to sell towers for as much as $2 billion

MTN in talks with IHS to sell South Africa towers for as much as $2 billion

MTN Group Ltd. has begun talks with phone-tower operator IHS Holding Ltd. over South African towers the wireless carrier is seeking to sell in a deal valued at as much as $2 billion, according to a person familiar with the matter.

Vodacom has 64 million subscribers and runs mobile networks in South Africa, Tanzania, the Democratic Republic of Congo, Mozambique and Lesotho. Photographer: Dean Hutton/Bloomberg

Naspers in talks With Vodacom to deliver video-on-demand services across Africa

Naspers Ltd. is in talks with wireless carrier Vodacom Group Ltd. about delivering video content to mobile devices across Africa as the media company seeks to compete with Netflix Inc. in offering movies and TV in the continent of 1 billion people.

Vodacom shop

South Africa sells Vodacom stake to fund Eskom in $1.9B deal

South Africa’s government has sold its 13.91% stake in mobile phone firm Vodacom to the Public Investment Corporation to raise 23 billion rand ($1.9 billion) in funding for power utility Eskom, the Treasury said on Wednesday.

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).

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Transaction banking is dead: Econet Wireless Founder Strive Masiyiwa

As the evolution of mobile banking continues to disrupt the financial services sector, the founder and executive chairman of privately held telecoms conglomerate Econet Wireless Group sounded the death knell for traditional transaction banking.

MTN Group - AMTN Group: An interesting way to gain exposure to the African growth story

MTN Group: An interesting way to gain exposure to the African growth story (Infographic)

I came across MTN Group Ltd. (OTCPK:MTNOY) during a stock pitch competition I took part in and won earlier this year. I decided to share my analysis of the security with you today.

Pedestrians pass a Vodacom mobile phone store in Johannesburg. Photographer: Waldo Swiegers/Bloomberg

Africa's Biggest Fund Manager Said to Explore Vodacom Deal

The Public Investment Corp., Africa’s biggest money manager, is considering increasing its stake in Vodacom Group Ltd. by buying government-owned shares in the wireless operator, people familiar with the plans said.

January Makamba, Tanzania's Deputy Minister of Communication, Science and Technology

All telcos operating in Tanzania to list on Dar es Salaam Stock Exchange by year-end: January Makamba, Tanzania's Deputy Minister of Communication, Science and Technology

All telecom companies operating in Tanzania will be listed on the local stock exchange by the end of the year, the country’s deputy communication, science and technology minister said on Wednesday, days after a deadline for them to do so had passed.

Mobile money in Tanzania - Catching up to Kenya

The next Kenya? Tanzania's mobile money revolution (Infographic)

With the rapid spread of digital financial services, many in the wider public are now familiar with mobile money and have some idea of what it is.

Employees stand inside a mobile phone store specializing in the sale of Samsung Electronics Co. handsets in Nairobi, Kenya, on April 17, 2013. Photographer: Trevor Snapp/Bloomberg

Europeans Selling Mobile Payments Should Ask Africa for Help

As telecommunications carriers in Europe seek a share of the billions of dollars likely to flow to companies that build mobile-payment systems, Claudio Chiche has a few words of advice: Ask Africa for help.

Dar es Salaam, Tanzania

Millicom and Vodacom bring mobile money interoperability to Tanzania

Millicom’s Tigo Pesa mobile money service is becoming the first in Africa to allow transactions with users of other mobile money networks within the same market.

Cell C

Cell C Said to Weigh Sale to South African Wireless Carriers

Cell C Pty Ltd. is exploring options for the third-largest South African wireless carrier including a sale to domestic competitors, according to two people familiar with the matter.

MTN

MTN considering acquiring majority stake in South Africa's Telkom in bid to offer fixed-line services

MTN Group may acquire a majority holding in South Africa’s fixed-line incumbent Telkom, in a move aimed at narrowing the gap between MTN SA and Vodacom.

Stéphane Richard, Chairman & CEO, Orange

Orange said to explore purchase of some Bharti Africa assets to tap explosive growth in sub-Saharan Africa

Orange SA has explored various acquisitions in Africa including assets owned by Bharti Airtel Ltd., as the French company seeks to bolster its business in the region, according to people familiar with the matter.

Eskom

South Africa to sell Telkom and Vodacom shares to raise $870M for public power utility Eskom

South Africa’s government is planning to inject USD 870 million into public power utility Eskom, and it may sell its stakes in Telkom and Vodacom to raise the money.

Africell

Africell Plans to Invest $150 Million to Upgrade Uganda Operations

Lebanon-based telecommunications company Africell plans to invest up to $150 million to improve the network of its recently acquired Ugandan unit, Orange Uganda Ltd., over the next three years, a company executive said on Monday.

Mobile money use in Africa

Mobile money in Africa: The next generation

Africa has forged a reputation as a global leader in mobile financial services.

Rothschild Group

Rothschild Group seeks partners in fast-growing African markets

Rothschild & Sons Ltd., the world’s largest family-owned financial advisory firm, is seeking partners in Africa’s largest economies to help it seize opportunities as growth accelerates.

south-africa mobile

There's at least one country where BlackBerry utterly dominates the smartphone market

In most parts of the world, Samsung smartphones rules the market by virtue of their ubiquity, affordability, and variety.

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.

Ziad Dalloul, CEO of Africell

Telco Disruptor Africell Looks for Gaps Amongst Giants

Africell, a small African mobile telecommunications company run from Lebanon, is planning to expand across Africa’s fast-growing telecommunications markets

Jason Njoku, Founder & CEO, iROKOtv

East Africa is super-attractive for Internet TV: Jason Njoku, Founder & CEO, iROKOtv

Once upon a time I believed Lagos, Nigeria was the centre of the [Africa] universe.

Mobile Phone User in Africa

Africa's telecoms frontier (Video)

Sub-Saharan Africa is the fastest growing region in terms of mobile subscriptions.

Rene Meza, CEO, Vodacom Tanzania

Vodacom says 250,000 sign up for M-Pawa service - Rene Meza, CEO, Vodacom Tanzania

Vodacom Tanzania says more than 250,000 users have registered for the M-Pawa service with over 50,000 customers making a total saving of TZS 1.2 billion and growing, three weeks after the launch.