Vodacom Group Limited
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Company Description
- CEO
- Mohamed Shameel Aziz-Joosub
- Full Time Employees
- 17,427
- Sector
- Communications
- Industry
- Wireless telecommunications
- Address
- Vodacom Corporate Park Midrand GT South Africa 1685
- IPO Date
- May 5, 2009
- Website
- vodacom.com
- Similar Companies
- Business
- Vodacom Group Limited is a leading African connectivity, digital, and financial services company primarily engaged in providing a wide range of communication products and services. Its core offerings include voice services; messaging; converged services; broadband and data connectivity; mobile financial services; mobile and fixed connectivity; cloud, hosting, and security solutions; Internet of Things (IoT) services; and other digital products. The company operates through its principal subsidiaries and joint ventures, serving over 200 million customers across both consumer and enterprise segments. Vodacom's geographic footprint spans South Africa, Egypt, Tanzania, the Democratic Republic of Congo, Mozambique, Lesotho, Kenya, Ethiopia, and other African countries, with its mobile networks covering a population exceeding 500 million people. Founded in 1993, Vodacom is headquartered in Midrand, Johannesburg, South Africa, and is majority-owned by Vodafone, holding a 65.1% stake. Recent major developments include Vodacom's ongoing strategic acquisition of a 30% stake in Maziv Proprietary Limited, which houses fibre infrastructure assets such as Vumatel and Dark Fibre Africa. This acquisition aligns with Vodacom's focus on expanding its fibre-to-the-home, fibre-to-the-business, and business-to-business connectivity capabilities, aiming to unlock fibre connectivity in underserviced areas. The deal, valued at approximately R11.5 billion, represents one of the largest fibre infrastructure investments on the African continent and supports Vodacom’s broader digital transformation and network expansion strategy. Additionally, Vodacom continues to invest heavily in network infrastructure, exemplified by over R1.1 billion invested in KwaZulu-Natal to enhance digital access and connectivity. The company also launched new services such as enhanced Nokia products to increase inclusivity in digital society and expanded its mobile financial offerings, for example, through cross-border payment capabilities linking Tanzanian M-Pesa to global payment networks like Visa and Alipay. Vodacom operates through three primary segments: South Africa; Egypt; and International, which includes countries like Tanzania, Mozambique, Lesotho, and the Democratic Republic of Congo. The company caters to varied customer bases, including individual consumers, businesses, and public sector clients across 32 African nations, delivering connectivity, digital services, and financial solutions. As a leading telecommunications service provider on the continent, Vodacom continues to leverage partnerships and infrastructure investments to support its strategic growth and enhance digital inclusion throughout Africa.
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