Vodacom’s proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to R36-billion after agreeing revised terms on Friday. That would make Maziv, which owns fibre companies Vumatel and Dark Fibre Africa, worth more than R7-billion more than Telkom, which closed on Friday on the JSE with…
As part of Mandela Month, Vodacom will help pre-selected prepaid customers who use 2G handsets to upgrade to a 4G Kicka 6 Smartphone for R67. Image credit: Keira Burton on Pexels This offer will be available at selected stores, starting in KwaZulu-Natal and then expanding to Mpumalanga and Limpopo provinces. “Millions of South Africans still…
Vodacom’s acquisition of a co-controlling stake of up to 40% in Vumatel parent Maziv is suddenly back on the table following a dramatic development in the case. The Competition Commission said on Tuesday that it has reached an agreement with both Vodacom and Maziv, which also owns Dark Fibre Africa, that could see the deal…
Under the deal, Vodacom is looking to acquire a 30% stake in the newly-created Maziv. Vodacom has been given a boost by local competition authorities in its bid to band together with fibre network operator Maziv. This, after the Competition Commission (CompCom) today revealed it reached an agreement with the companies on revised conditions that…
Vodacom’s acquisition of a co-controlling stake of up to 40% in Vumatel parent Maziv is suddenly back on the table following a dramatic development in the case. The Competition Commission said on Tuesday that it has reached an agreement with both Vodacom and Maziv, which also owns Dark Fibre Africa, that could see the deal…
Peter Malebye, managing executive at Vodacom Business. In an effort to accelerate its digitisation journey, Sasol has employed a mobile private network (MPN) from Vodacom Business at its synthetic fuel facility in Secunda, Mpumalanga. The collaboration, according to Vodacom, marks a significant milestone in leveraging technology to enhance operational efficiency and connectivity in the industrial…
Image courtesy of Sasol Vodacom Business has deployed a mobile private network (MPN) at Sasol’s synthetic fuel facility in Secunda, Mpumalanga. This collaboration marks a significant milestone in leveraging advanced technology to enhance operational efficiency and connectivity in the industrial sector. “As part of Sasol’s digitalisation journey, there is a focus on utilising technology to…
MTN Group CEO Ralph Mupita MTN Group CEO Ralph Mupita marginally out-earned his counterpart, Vodacom CEO Shameel Joosub, in the last year. This is in contrast to the previous financial year when Joosub was paid more. As shown in the table below, compiled by TechCentral, both CEOs earned similar guaranteed pay in their companies’ latest…
Vodacom Group CEO Shameel Joosub Vodacom Group CEO Shameel Joosub received a 15.2% bump to his total remuneration package in the financial year ended 31 March 2025, taking his pre-tax pay to R71.1-million. This marked an increased from the R61.7-million in total pay – including short-term incentives – he received in the 2024 financial year….
Lunga Siyo, CEO of Telkom Consumer. Telkom, South Africa’s third-biggest mobile operator, has set its sights on taking the competition to the Vodacom and MTN duopoly. This was the word yesterday from Lunga Siyo, CEO of Telkom Consumer, in an interview with ITWeb after the JSE-listed telecommunications company announced its annual financial results for the…
