Vumatel South Africa
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...
Vumatel Appoints New CTO
Fibre network operator, Vuma has appointed Francois Swart as its Chief Technology Officer (CTO), a role that it believes will bolster the company’s continued focus on innovation and industry leadership. Swart, who has more than 30 years experience in the telecommunications industry believes that customer-centricity is the cornerstone of working in this industry and that it is important to never lose sight of who the end result of innovation, investment and solutions are for. Dietlof Mare, CEO of Vuma, says “Francois brings to our leadership team a unique experience and skillset that spans IT and telecommunications and we look forward to the role he will play in shaping our company’s technology portfolio.” /* custom css */ .tdi_3_e45.td-a-rec-img{ text-align: left; }.tdi_3_e45.td-a-rec-img ...
