Vodacom Group
latest news & developments
Angola Telecom forecasts a profit for first time in eight years
Angola’s state-run phone company looks set to make a profit after receiving a $314-million government bailout.
MTN earnings boosted by foreign exchange gain
Africa’s biggest mobile company said earnings per share jumped 25%, buoyed up by a foreign exchange gain from the weaker rand.
Naspers full-year earnings to be hurt by investment boost
The media giant’s bottom line will pay the price as its development spend jumps from R4.3-billion to over R7-billion this financial year.
Telkom first-half profit jumps 41%
A weak rand and lower payments to operators, as a result of lower termination rates, has seen the fixed-line operator gain.
Vodacom increases customer base
South African cellular operator Vodacom’s revenue increased by 14,5% year-on-year for the quarter ended June 2008.
Telkom’s surge the talk of the town
Telecommunications heavyweight Telkom remained the talk of the town during the morning session on Monday as news of a potential buyout and negotiations with the UK’s Vodafone set…