MTN and Vodacom together move over $1-trillion through mobile money – but their fintech playbooks are diverging.
Browsing: Vodacom
Contactable’s Shaun Strydom argues operators that modernise Rica first will gain a decisive competitive advantage.
Kenya’s high court has blocked the 15% Safaricom stake sale to Vodacom, pending a constitutional challenge.
Telkom says “most” of its connectivity has been restored while it continues to monitor the network across the region.
Vodacom Group Shameel Joosub has warned of severe upward pressure on device prices as the RAM crisis intensifies.
Vodacom CEO Shameel Joosub has compared voice’s decline to the same trajectory SMS followed into irrelevance.
With voice revenue falling and customer growth stalled, Vodacom is struggling to cash in on surging data traffic.
Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
The goodwill makes Vodacom’s balance sheet vulnerable to impairment if Maziv fails to deliver expected growth.
Egypt and Safaricom drove a 22.9% jump in headline earnings as the South African business posted only modest growth.