Vodacom reports 5.6% increase in revenue (South Africa)

Editor Mobile

Mobile telecommunications group Vodacom stated that group revenue and service revenue for the three months that ended December 31 increased by 5.6% and 4.8% respectively, with continued robust performance in South Africa and a 36.2% growth in group data revenue. According to the company, group revenue and service revenue grew by 3.9% to and 4% respectively. Group customers increased by …

EditorVodacom reports 5.6% increase in revenue (South Africa)

Safaricom expands M-pesa mobile money transfer service in Africa

Editor Mobile

Safaricom, East Africa’s largest mobile operator, is expanding its M-pesa mobile money transfer service across Africa, a move likely to increase competition for mobile money-transfer services in the region. The launch of the mobile money transfer service by Safaricom comes less than two months after MTN and Western Union partnered to introduce international remittance services in 21 countries where MTN …

EditorSafaricom expands M-pesa mobile money transfer service in Africa

Movitel to invest $465 Mln in Mozambique network

Editor Mobile

Movitel is planning to invest up to US$465 million in its network over the next five years. The company is also planning to invest some US$120 million of the total investment in the first year to get the network launched. Movitel is a consortium made up of Vietnamese company Viettel Telecom (70%) and Mozambique’s SPI (30%), a company that is …

EditorMovitel to invest $465 Mln in Mozambique network

Tata Communication’s S. African unit plans restructuring (India, South Africa)

Editor Mobile

South Africa’s Neotel, a unit of Tata Communications is considering restructuring as it faces tough competition in Africa’s biggest economy. Launched in 2006 after long delays, the company began offering telephone and internet services to corporate customers in March 2007, and has yet to turn a profit. According to Neotel, it would consider realignment and restructuring options. It was not …

EditorTata Communication’s S. African unit plans restructuring (India, South Africa)

Vodacom to look at options for Congo unit (South Africa)

Editor Mobile

South Africa’s Vodacom had appointed investment bank Rothschild to explore options for its unit in the Democratic Republic of Congo (DRC), a signal it could sell the business. South Africa’s largest mobile operator, majority-owned by Britain’s Vodafone, is in a long-running dispute in the DRC over fees from a joint venture. Vodacom and its partner, Congolese Wireless Network (CWN), are …

EditorVodacom to look at options for Congo unit (South Africa)

M&As round the corner for African Telcos

Editor Mobile

With increasing competition and the challenge of economies of scale, smaller African telecom companies are considering merging, while larger companies have already consolidated a fair bit. MTN, Safaricom, Vodacom, Wananchi Group and AccessKenya are some of the companies that have acquired companies and are in the process of consolidating their market positions. Telecommunications is a network business with economies of …

EditorM&As round the corner for African Telcos

Vodacom eyes at Africa

Editor Mobile

Vodacom Group Ltd. is planning to expand its footprint in Africa. According to Chief Executive Officer, Pieter Uys, growth opportunities in Africa, outside the mobile-phone company’s South African home market, have whetted his appetite for acquisitions. According to Uys, the first quarterly growth in Vodacom’s international operations after five consecutive quarters of negative growth and the appointment of Johan Dennelind …

EditorVodacom eyes at Africa

South African Regulator Cuts MTN, Vodacom Rates

Editor Mobile

MTN Group Ltd. and Vodacom Group Ltd.’s call termination rates were set at US$0.10 from March following South African government demands to bring down the world’s third-highest interconnection rates. According to the Independent Communications Authority of South Africa, the industry regulator, peak call rates for the two companies were set at 56 cents from March 2012 to February 2013 and …

EditorSouth African Regulator Cuts MTN, Vodacom Rates

MTN increases subscribers by 4% in Q3 (Africa)

Editor Mobile

MTN, Africa’s biggest mobile operator, increased its subscribers by 4% in the July-September third quarter, conquering strong competition and price cuts from rivals. The company also raised its forecast for new users this year to 22.9 million, from 21.1 million last year. According to MTN, it had 134.4 million users at the end of September, compared with 129.2 million at …

EditorMTN increases subscribers by 4% in Q3 (Africa)

Vodacom cuts prepaid rates to compete with 8ta

Editor Mobile

Vodacom has introduced its new All Day per minute tariff, with prepaid customers to pay only US$0.20 a minute for calls to all South African mobile networks. This is lower than the US$0.21 a minute charged by both Cell C and new mobile competitor 8ta. After observing rivals move Vodacom realized that it is offering the same plan at 0.24 …

EditorVodacom cuts prepaid rates to compete with 8ta