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Vodacom mulling its options for more spectrum

2016-05-16 02:00:00| Total Telecom industry news

South African operator to continue with its plans for fixed broadband, despite failure of Neotel bid; posts solid full-year results.

Tags: more options spectrum mulling

 

Vodacom leapfrogs MTN to become biggest operator in Africa

2016-05-12 02:00:00| Total Telecom industry news

MTN's share price has fallen 31% since Nigerian regulators imposed a record fine.

Tags: africa biggest operator mtn

 
 

Vodacom to discontinue M-Pesa in South Africa

2016-05-09 10:28:00| Telecompaper Headlines

(Telecompaper) Vodacom South Africa has announced it will discontinue its M-Pesa product with effect from 30 June following a thorough review. CEO Shameel Joosub said Vodacom's decision is based on the fact that the business sustainability of M-Pesa is predicated on achieving a critical mass of users. According to Joosub, based on their revised projections and high levels of financial inclusion in South Africa, there is little prospect of the M-Pesa product achieving this in its current format in the mid-term.

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Vodacom to drop M-Pesa service in South Africa

2016-05-09 02:00:00| Total Telecom industry news

Mobile payments service to be withdrawn from SA market on 30th June.

Tags: service south africa drop

 

Vodacom abandons takeover of Neotel

2016-03-01 11:33:00| Telecompaper Headlines

(Telecompaper) South Africa mobile operator Vodacom has abandoned its proposed acquisition of the majority of Neotel's assets after the companies were unable to obtain regulatory approval for the deal. The takeover of Neotel, controlled by India-based Tata Communications, was first announced in May 2014, as part of Vodacom's efforts to expand in the fixed market and acquire fibre and spectrum assets. In December 2015 the companies said they had scaled back the deal, dropping Neotel's spectrum and offering competition concessions due to regulatory concerns. Since then they refiled for regulatory clearance but were unable to complete the deal before the neogtiating deadline lapsed. 

Tags: takeover abandons vodacom neotel

 

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