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Vodacom

Vodacom is a pan-African mobile telecommunications company, and was the first cellular network in South Africa. It provides GSM service to more than 35 million customers in South Africa, Tanzania, Lesotho, Mozambique and the Democratic Republic of the Congo. Revenue for the year ended 31 March 2008 was 48.178 billion South African Rand.

It was owned on a 50:50 basis by the South African telecommunications group Telkom and the British mobile phone operator Vodafone. On 6 November 2008 Vodafone announced that it had agreed to increase its stake to 65%, and Telkom said that it would spin off its remaining holding by listing it on the Johannesburg Stock Exchange.

Vodacom is the leading cellular network in South Africa with an estimated market share of 58% and more than 23 million customers.

Headlines Around the Web

South Africa: Trinergy Makes More Mofaya

Nov 25, 2011 - AllAfrica News

Tanzania: Banks Happy With Mobile Cash Transfers

Jul 28, 2011 - AllAfrica News

Mozambique: Vodacom Cuts Its Prices

Jun 20, 2011 - AllAfrica News

Articles About Vodacom

Marc Lottering
My South African Adventure: Post-Apartheid Comics Play the Race Card for Laughs [BLOG]

By IBTimes UK

You can tell a lot about a country by what it finds funny about itself, says new South Africa expat Cath Everett. (10:55 pm)

MORE TOPICS: CALIFORNIA, JACOB ZUMA, NELSON MANDELA, SOUTH AFRICA, LONDON

Reeva Steenkamp's Rumored Lover: 5 Things to Know About Francois Hougaard
Reeva Steenkamp's Rumored Lover: 5 Things to Know About Francois Hougaard [PHOTOS]

By IBTimes AU

With the ongoing investigation on Reeva Steenkamp's murder, another angle suggests that there might have been a love triangle between the couple and Francois Hougaard. (Feb 19)

MORE TOPICS: TWITTER, IPAD, SOUTH AFRICA

Vodafone takes £4 billion writedown on European weakness

By Reuters UK

Mobile operator Vodafone wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (May 23)

MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, EMERGING MARKETS

Vodafone takes $6.3 billion writedown on European weakness

By Reuters

Mobile operator Vodafone <VOD.L> wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (May 23)

MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, EMERGING MARKETS

Vodafone takes 4 billion stg writedown on European weakness

By Reuters UK

Mobile operator Vodafone wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (May 23)

MORE TOPICS: FTSE, PORTUGAL, GERMANY, TELECOMS, INDIA, EMERGING MARKETS

Vodafone makes writedown on European weakness

By Reuters UK

Mobile operator Vodafone made a writedown of 4 billion pounds($6.3 billion) and cut its medium-term sales target as the debt crisis squeezed customers in southern Europe, forcing them to save money on phone calls. (May 22)

MORE TOPICS: FTSE, PORTUGAL, GERMANY, COURT, TELECOMS, INDIA

South Africa Desert Town Battles for Radio Telescope

By Reuters

The occasional sheep seeks respite from a sun that has scorched rocks black in this semi-desert region that South Africa hopes will host the world's most powerful radio telescope. (Dec 15, 2011)

MORE TOPICS: AUSTRALIA, SOUTH AFRICA, GHANA, BOTSWANA, KENYA, MADAGASCAR

Africa may have first commercial 4G network in 2012

By Reuters

Africa could have its first commercial long-term evolution or 4G network as early as next year, as wireless phone operators gear up to meet growing data demand from smartphone users, an Ericsson executive said on Wednesday. (Nov 10, 2011)

MORE TOPICS: BROADBAND, SOUTH AFRICA, MTN, BHARTI AIRTEL, SMARTPHONE

An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton
S.Africa stocks finish up 2 pct on late rally

By Reuters

South African stocks surged more than 2 percent on Monday, buoyed by a last-minute short covering on mixed news out of Europe, while gold miners such as Harmony Gold were lifted by stronger bullion. (Nov 08, 2011)

MORE TOPICS: GOLD

Vodacom
Vodacom says partner aims to block DRC stake sale

By Reuters

Vodacom's joint venture partner in the Democratic Republic of Congo has filed court papers to block the pan-African operator from selling its majority stake in the unit, a spokesman for the South African company said on Friday. (Oct 22, 2011)

MORE TOPICS: COURT, DEMOCRATIC REPUBLIC OF CONGO, MTN, INVESTMENT