Vodafone news
Could Vodacom Unseat Rival MTN After These 2 Massive Acquisitions?
Image sourced from SABC News. Vodacom South Africa has announced two major acquisitions today – the buying of a 55% controlling stake in Vodafone Egypt, the North African country’s largest telecom, and a major move in SA’s local fibre market through a new deal with Vumatel and Dark Fibre Africa (DFA) that will see a co-controlling interest in the hands of Vodacom. Currently the third-largest telecom company in Africa, these two acquisitions better position Vodacom to unseat long-time rival MTN as Africa’s top telecom. The Vodafone Egypt Deal Vodacom Group South Africa is reportedly entering the North Africa market for the first time ever after announcing that it will seek to acquire Vodafone Egypt from Vodafone Group for $2.7-billion. Vodafone Group, a UK-based mega-corp, is the parent com...
New Vodafone & UN Initiative to Give 3.4-Billion Access to a Smartphone by 2030
A new global initiative has been launched by Vodafone Group and ITU, the United Nations specialised agency for information and communication technologies, to address the global digital divide. The initiative aims for an additional 3.4 billion people to have the ability to access and use the internet through a smartphone by 2030. The Digital Divide With mobile broadband (4G) networks now covering 82% of the population of Low- and Middle-Income Countries (LMICs), the mobile usage gap is 6x larger than the mobile coverage gap (2) In line with the Broadband Commission Global Targets 2025 on affordability and connectivity, the new Working Group will identify policy, commercial and circular-economy interventions to increase smartphone access. Co-chaired by Vodafone Group CEO, Nick Read, and ITU ...
2Africa Adds 4 New Branches to its Continent Spanning Undersea Cable
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