SA’s antitrust body halts huge fibre transaction

Vodafone, which owns 65.1% of Vodacom and is led by Margherita Della Valle as CEO, requested to be admitted as a friend of the court to offer assistance to its subsidiary.

The visit came as Safaricom announced it is focusing on growing operations for Ethiopia's digital future, which would be important in driving growth.

Last week, the telco hosted a full-day data protection and management workshop in Lesotho.

The company boosted its investments in new spectrum in the Democratic Republic of the Congo, Mozambique, and Tanzania, as well as the number of 4G sites across the portfolio.

The telco advised shareholders that financial services are "a clear strategic priority" for the Group and would continue to be the greatest component of its revenue beyond mobile services.

The telco says  one single radio unit will reduce the cost of Vodacom’s 4G/5G network rollout in the country.

The telco celebrated its 30th anniversary by promising to expand its financial services, which have become a lucrative business for the company.

Introduced during a press conference in Maseru this week, Vodacom hopes the smart tracking solution will improve asset management and security.

The transaction provides Vodacom Tanzania with access to important spectrum held by the small operator, which will help it grow 4G and 5G network services.

400 SMEs in eight African countries, South Africa, Kenya, Egypt, Ethiopia, Mozambique, Tanzania, the Democratic Republic of the Congo, and Lesotho, were interviewed.

The telco says the impact of the SCA Judgment, should it be upheld, would be vast and wide-ranging on the company, as well as the attractiveness of South Africa as an investment destination.