All Vodacom articles – Page 12
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Partnerships & Alliances
Vodacom’s Super App cushioned if “politics” plays up
Vodacom CEO Shameel Joosub says operator’s VodaPay Super App smarts are protected if political changes affect Alipay. Alipay technology underpins Vodacom’s financial services growth plans. Super App set for commercial launch in South Africa this month.
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M&A
Vodacom aims for 100m fintech users on road to sale
CEO Shameel Joosub sets sights on nine-figure base to win better bargaining position with potential buyers and partners. Vodacom taking control of fintech offerings in Ghana and Egypt, to fuel expansion.
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M&A
Vodafone’s nudge technique gets STC ‘back to table’
Regional media reports indicate that Saudi Telecom Company is seeking to revive a buyout of the Group’s Egyptian business, after failure of 2020 deal. Move follows Vodafone’s exploration of an internal switch of Egyptian OpCo.
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Premium
Vodafone people moves: Ethiopia hierarchy laid out
Inaugural leadership team named at Safaricom Telecommunications Ethiopia, with remaining executives reported in local press. Vodafone Ghana opens search for new CTO after incumbent exits for MTN. Further changes at Partner Markets after meld within Vodafone Business.
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Premium
Vodafone Q1 FY21-22 Headlines: pandemic snags unwind, gradually
Group bounces out of pandemic slump, helped by lapping and increased business confidence. Cautious CEO warns of further “bumps in the road”. In Spain, another large-scale downsizing move made under cover of Digital Telco transformation, and as fodder for Group’s centralisation-led efficiency plans.
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Strategy & Change
Ethiopian mobile: Tigray overshadows Safaricom-Voda market entry
Escalating conflict and humanitarian crisis spreads in northern region. Prime Minister Abiy Ahmed criticised for Tigray response, but undeterred on reform agenda and courting private investment. What is Safaricom-led OpCo getting into? Unrest brews challenging conditions, as US sanctions threaten OpCo funding. Vodafone keeps a low profile in Ethiopian ...
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Strategy & Change
Vodacom-owned XLink lays groundwork for new MD
Fleet-footed 2016 acquisition on the lookout for new leader. MD incumbent yet to reveal next step. Recent re-positioning sees provider embrace cloud and up focus on finance and retail markets.
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Network & Infrastructure
Vodacom starts TowerCo separation sequence
Operator looking to install managing executive, and then fuller leadership team, to drive tower separation plans outlined in May. Plan to explore stake sale reiterated. Initial focus on biggest market South Africa.
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Venturing & Investments
African energy startup borrows $100m for scale-out plan
Safaricom partner Circle Gas secures nine-figure loan to drive expansion in African (and potentially Asian) markets. Targets include Nigeria and neighbouring markets of Kenya and Tanzania, where startup is already present. Capital needed for investment-heavy distribution platform.
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People
Vodacom Tanzania names Mdlalose CEO
Former Vodacom SA CFO takes the reins from Madrid-bound Hendi. Well-travelled Mdlalose looks to settle into Tanzanian challenge.
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Premium
Vodafone people moves: Technology splits and board changes
Group board changes include Ahuja’s departure. Vodafone networks exec and TIP Chair Tenorio picks up Lime Micro chairmanship. Vodafone Spain continues leadership overhaul in Consumer, Enterprise, and Technology divisions.
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Network & Infrastructure
Vodacom talks up Dialog network upgrade
OpCo “enjoying the benefits” from ST Engineering’s Newtec Dialog VSAT migration. Installation completed under lockdown, with remote support key.
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Strategy & Change
SpaceMobile targets satellite status quo
AST SpaceMobile’s satellite tech represents break from past, says CEO. US space venture posts first results update since going public, as high-profile, iconoclastic startup edges closer to commercial get-go. Vodafone lends helping hand in satellite-to-cell compatibility tests. FCC opens gateway to domestic market.
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Partnerships & Alliances
Telecom Egypt to hold Vodafone to “strict” dividend deal
Executives of Vodafone’s Egyptian partner suggest new deal gives watertight dividend flow from their joint mobile business. Agreement creates path for Vodafone to do an internal switch of its Egyptian OpCo, following failed Saudi Telecom deal.
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Products & Services
IoT.nxt takes sports performance platform on tour
Rugby team the first to leverage IoT.nxt’s PLAYER.Connect real-time sports performance platform. Vodacom-owned IoT specialist targets fresh industry segment, drawing on breadth of Vodafone partnerships.
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Premium
Vodacom optics take off with Nokia tech
South African optical network trials hailed as a success, with Nokia hardware enabling long-distance, high-capacity data transmission. Testing seen as a proof of concept for wider rollout and 5G services expansion.
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Strategy & Change
Elsewhere in Vodafone Africa: Safaricom’s tax hike response
Safaricom responds to excise tax hike; M-PESA management rejig reaches Lesotho; change at top of Xlink.
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Network & Infrastructure
Joosub fears Telkom will put spanner in SA spectrum works
Vodacom CEO hopeful that operator dialogue with ICASA can solve impasse on 4G/5G spectrum. However, Joosub thinks Telkom has a propensity to “delay or play games”.
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Strategy & Change
New Ethiopian OpCo sticks with Safaricom marque
New business formally named. ECA grants operator full operating licence, effective from 9 July. Ethiopia seen as early target for Vodafone’s satellite venture with AST.
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People
Vodafone’s Ethiopian OpCo gets a leader
Anwar Soussa takes job as first MD of as-yet-unnamed OpCo. Industry veteran brings M-PESA experience. EOC plans and ownership remain vague.