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Tag: vodacom
Vodacom DRC to roll out targeted mobile marketing
2014-06-11 02:00:00| Total Telecom industry news
Operator hopes to keep existing customers happy; taps Emagine International for contextual marketing, analytics and consultancy services.
Tags: mobile
marketing
roll
targeted
Vodacom reaches deal to buy Neotel, sees major synergies
2014-05-19 09:44:00| Telecompaper Headlines
(Telecompaper) South Africa's Vodacom has reached an agreement to acquire 100 percent of the issued share capital in Neotel and shareholder loans against it, for a total cash consideration equivalent to an enterprise value of ZAR 7.0 billion. Under the deal, Neotel will become a subsidiary of Vodacom South Africa and the combination with Vodacom's South African fixed enterprise business will create a national service provider with annual revenues of more than ZAR 5 billion.
Vodacom Group FY subscriber base up 13.8% to 57.5 mln
2014-05-19 09:15:00| Telecompaper Headlines
(Telecompaper) Vodacom Group said its subscriber base rose by 13.8 percent to 57.5 million in the year to 31 March, up by some 7 million new customers in the year. Annual revenue rose 8.3 percent to ZAR 75.71 billion, driven by increased volumes from handset financing deals in South Africa, which resulted in equipment revenue growth of 28.6 percent. Service revenue increased 4.7 percent to ZAR 62.05 billion. Group EBITDA increased by 8.2 percent to ZAR 27.31 billion, with a margin of 36.1 percent. Headline earnings per share were ZAR 8.96, up 2.8 percent. The results were effected by a non-cash charge of ZAR 310 million resulting from the modification of the terms of its black economic empowerment scheme. EPS increased by 1.8 percent to ZAR 9.03, after a profit in the previous year on the disposal of Gateway Carrier Services of ZAR 224 million.
Tags: group
base
subscriber
mln
Vodacom to buy Neotel for close to 500m
2014-05-19 02:00:00| Total Telecom industry news
India's Tata sells South African telecoms operator after months of discussion.
Nashua sells subscriber bases to MTN, Vodacom
2014-04-14 10:01:00| Telecompaper Headlines
(Telecompaper) South Africa's Nashua Mobile has inked separate agreements with MTN and Vodacom to dispose off its subscriber bases. Nashua's parent company Reunert said it was unlikely that the business would generate acceptable returns, so it is selling the subscriber bases to the two operators for a combined gross sum of ZAR 2.26 billion. For the past several years Nashua Mobile has been trading in a saturated, highly competitive market. It has experienced declining ARPU due to lower network tariffs and lower out of bundle spend by customers. The decline in the least cost routing business and competitive pricing in the market have further reduced revenue. Nashua Mobile said its also pursuing the sale of its Cell C customer base to a third party. The culmination of these transactions will result in the closure of Nashua Mobile and its operations. The acquiring parties will maintain the current contractual arrangements with customers on the same terms. Closing of the transaction is subject to the approval of the Competition Authorities, until which Nashua Mobile's operations and customer services will continue uninterrupted.
Tags: bases
subscriber
sells
mtn
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