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VODACOMVoice Data Communication
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According to sources, Vodacom, which is well-known for its telecom operations, will however not enter the telecom space, which currently has two companies, MTN Rwanda and Airtel-Tigo Rwanda.
Andries Delport, Vodacom Group CTO said: "This collaboration comes at a time when we have a firm mandate from the Vodacom Board to propel Vodacom Group to become a leading digital company.
Vodacom becomes the first mobile operator to initiate the large-scale rollout of an EMV banking card that is accepted anywhere.
Under the new arrangement, Vodacom distributors will be able to secure loans worth up to six times their average commission earned over a six-month period, ranging from TSH 10 million to TSH 75 million ($45, 168).
Tata Communications confirmed the broad agreement, saying that Vodacom SA has agreed to buy the stake in Neotel, which has close to 1,000 employees and over 1,15,000 customers.
19 May 2014 - UK telecommunications major Vodafone Group Plc's (LON:VOD) South African unit Vodacom Group Limited (JNB:VOD) said today it had agreed to acquire the entire share capital of South African sector player Neotel Proprietary Limited for an enterprise value of ZAR7bn (USD673m/EUR491m).
Vodacom will qualify for the service within 24 hours of the device being
The company said that customers who bank with Absa, Standard Bank and Nedbank will be able to use the service to buy Vodacom Prepaid or Top Up airtime for themselves or for other mobile phone users.
Our engineering team is working hard to resolve the problem," Vodacom, a unit of Britian's Vodafone, said in a statement.
Vodacom Group CEO, Pieter Uys, said that the company could look for its own banking license if M-Pesa performs as well as expected.
Vodacom : Sir, I'm sorry but the bill won't actually tell you the name of the person you're calling, just their number.
Designed to take the guesswork out of complex server consolidation and capacity planning initiatives, Vodacom Business is using SUSE Linux Enterprise Server from Novell and virtualization and workload management solutions including PlateSpin Recon, PlateSpin Migrate and PlateSpin Protect from Novell to respond to growing business demands, improve server workload performance, reduce energy consumption and lower costs.