VODACOM

Vodacom says partner aims to block DRC stake sale

Vodacom
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.
Vodacom

Prepaid users, mobile data lift Vodacom Q3 sales

Vodacom, South Africa's largest mobile phone operator, overcame stiff competition to post a 6 percent rise in third-quarter sales, boosted by a surge in mobile data and strong prepaid growth.
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S.Africa govt support makes MTN-Bharti deal likelier

South Africa declared support for a proposed tie-up between domestic telecoms operator MTN and India's Bharti Airtel on Tuesday, making the complex cash-and-shares deal more likely to succeed.
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India's Bharti, South Africa's MTN seek $61 billion merger

India's Bharti Airtel and South Africa's MTN have revived merger talks to create a $61 billion telecoms giant spanning Africa, Asia and the Middle East a year after their previous attempt foundered over who would control the combined entity.
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Vodafone pleases bulls with raised forecasts

British-based mobile phone giant Vodafone Group Plc raised full-year profit and sales forecasts on Tuesday after a strong set of half-year results topped consensus expectations, sending its shares climbing.
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Telkom Denies Takeover Talks with Vodafone

South African telecommunications group Telkom SA, denied on Monday that talks concerning a possible takeover by British cell phone group Vodafone had taken place.

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