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.

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With No Android One, Cheap Gray-Market Smartphones Flood Africa

As one of the world's fastest-growing smartphone markets, Africa is seeing a rise in demand for gray-market smartphones.

Vodacom

Vodacom says partner aims to block DRC stake sale

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.

A South African child holds a 50 rand note in a file photo

S.Africa's rand struggles vs dlr, stocks edge lower

South Africa's rand softened against the dollar on Tuesday with the market showing little inclination to resist central bank moves since the start of the year to weaken the currency.

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.

Telkom's mobile plan suicidal, analyst says

South Africa's fixed-line phone group Telkom's plan to launch a new mobile phone business next year is not expected to boost profit significantly, an analyst said on Tuesday.

Telkom to spend $800 mln to launch mobile business

South African fixed-line phone group Telkom plans to spend 6 billion rand ($800 million) over five years to launch a mobile phone business as profits from its fixed-line business tumbled.

Telkom H1 profit falls, shares slump

South African fixed-line phone company Telkom SA Ltd reported close to a 40 percent fall in first-half profit on Monday as both its domestic and Nigerian units struggled, sending its shares tumbling.

S.Africa's COSATU wants MTN, Bharti blocked: sources

South Africa's labor federation COSATU is trying to halt a planned multi-billion tie-up between MTN and India's Bharti Airtel but the Treasury wants a deal, sources close to the matter said.

S.Africa govt support makes MTN-Bharti deal likelier

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India's Bharti, South Africa's MTN seek $61 billion merger

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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.

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.