shameel joosub

Vodacom pumps R11.2 billion into its South African network Vodacom has released its preliminary annual results for the financial year that ended on 31 March 2023, reporting modest revenue growth in South Africa and a decline in operating profit. Across the group, Vodacom CEO Shameel Joosub...

Minister of Electricity meets with Vodacom and MTN South Africa’s newly-minted Minister of Electricity, Kgosientsho Ramokgopa, met with mobile network operators on Thursday. “This morning I met with mobile network operators to understand their energy needs, as it relates to the protections of...

Vodacom reports subscriber decline, revenue growth in South Africa Vodacom South Africa reported higher quarterly revenues despite lower subscriber numbers for its third-quarter results on Tuesday. Between December 2021 and 2022, revenue increased by 5% to R21.9 billion, while subscriber...

Vodacom ignored Shameel Joosub's advice — and is paying the price Vodacom's product development team ignored their CEO Shameel Joosub's warning that providing an uncapped service on a 4G network does not make sense and is now paying the price. Two years ago, Joosub warned that providing...

Vodacom's plan to buy all its power from independent producers Vodacom says it has made significant progress on its project to buy all of its power from independent producers. However, it can only move further once it has finalised an agreement with Eskom. In September 2022, the network...

Vodacom buys majority stake in Vodafone Egypt for R48 billion The Vodacom Group has officially completed its purchase of a 55% stake in Vodafone Egypt in a deal valued at R48.1 billion, the company has announced. The purchase was settled through the issuance of almost 242 million new Vodacom...

South Africa could face network blackouts thanks to Eskom power cuts South Africa's biggest mobile operators — Vodacom and MTN — are fighting to keep their networks online during stage 5 and 6 load-shedding, with Vodacom saying some areas risk total coverage blackouts. The companies are...

South Africa's best telecoms CEOs for shareholder returns An analysis by Daily Investor revealed that Sizwe Nxasana, Ralph Mupita, and Phuthuma Nhleko are the telecommunications CEOs who provided the best shareholder returns. For this analysis, Daily Investor looked at the shareholder returns...

South African network operators and minister launch the Association of Communications and Technology Nomvuyiso Batyi, in partnership with various executives from South Africa's telecommunications industry, launched the Association of Communications and Technologies (ACT) on Thursday, 11 August...

Vodacom to test satellite network for regular cellphones Vodacom says it has priority access to test AST SpaceMobile’s satellite-based mobile network when the engineering trial begins later this year. The South African mobile network said it is a leading partner in developing the technology.

Vodacom loses subscribers but sees big data growth Vodacom lost nearly 400,000 subscribers in South Africa in the past three months, the network's latest quarterly financial update shows. The operator reported 45.086 million customers as of 30 June 2022, a decline of roughly 373,000 from its...

Best paid telecoms CEO in South Africa The best-paid telecoms CEO in South Africa is MTN Group's Ralph Mupita, who received a salary package of R84.2 million rand over the 2020/21 financial year (FY). Mupita's pay for the year was almost R17 million more than the next-highest paid telecom CEO...

Vodacom spending over a billion rand each year to tackle its biggest problem When it comes to maintaining reliable mobile network connectivity, load-shedding has proven to be Vodacom's biggest headache. The CEO of South Africa's biggest network Shameel Joosub said rotational power cuts are...

Here is who really owns Vodacom Vodacom is one of South Africa’s most successful companies, with 45 million subscribers in South Africa and 42 million in the rest of Africa. Over the last twelve months, Vodacom generated revenue of R103 billion and a net profit of R18 billion.

Vodacom's Vuma deal is good news for fibre customers and ISPs Fibre Internet service providers (ISPs) should be "overjoyed" with Vodacom's acquisition of Vumatel and DFA's fibre networks, meaning they will have packages to sell in even more areas. That is according to Vodacom Group CEO Shameel...

Vodacom launches appeal in Please Call Me case Vodacom has applied for leave to appeal a North Gauteng High Court ruling in the “Please Call Me” case brought against it by Nkosana Makate. Makate is a former Vodacom finance manager who launched legal action against Vodacom, claiming that he was...

Here is the full judgement in the Vodacom Please Call Me case The battle over the invention of Please Call Me took another turn last week when the Pretoria High Court delivered a judgement in favour of former Vodacom finance manager Nkosana Makate. This comes after the case made it to the...

Vodacom tried to charge 15c per Please Call Me An official Vodacom notice regarding its Please Call Me feature has surfaced online, and it revealed that the mobile network provider never intended on keeping the service free forever. In fact, Vodacom had attempted to charge 15 cents per Call Me...

Makate scores big victory in Vodacom Please Call Me fight The Pretoria High Court has ruled that Vodacom must go back to the drawing board to calculate fair compensation to Nkosana Makate for his invention of the Please Call Me (PCM), SowetanLive has reported. In a ruling on Monday, Judge...

Goliath vs Goliath vs Goliath — South Africa’s spectrum showdown Battle lines have been drawn over the heated issue of cellular network capacity in South Africa. In the one corner — South Africa’s incumbent and partially state-owned telecommunications network operator Telkom.