Edition:
United States

Vodacom Group Ltd (VODJ.J)

VODJ.J on Johannesburg Stock Exchange

14,900.18ZAc
23 Nov 2017
Change (% chg)

0.18 (+0.00%)
Prev Close
14,900.00
Open
14,900.00
Day's High
15,000.00
Day's Low
14,651.00
Volume
1,040,514
Avg. Vol
2,868,085
52-wk High
18,699.00
52-wk Low
13,852.00

Latest Key Developments (Source: Significant Developments)

Vodacom Group says H1 HEPS up 1.1 pct to 445 cents
Monday, 13 Nov 2017 12:05am EST 

Nov 13 (Reuters) - VODACOM GROUP LTD ::‍HEADLINE EARNINGS PER SHARE (HEPS) UP 1.1% TO 445 CENTS PER SHARE​.H1 GROUP REVENUE OF ‍41.99 BILLION RAND VERSUS 40.15 BILLION RAND YEAR AGO.‍H1 GROUP EBIT DECLINED 0.2% (-1.4%*) TO R10.8 BILLION​.H1 CAPITAL EXPENDITURE OF ‍5.38 BILLION RAND VERSUS 5.71 BILLION RAND YEAR AGO.H1 SOUTH AFRICA ‍SERVICE REVENUE INCREASED 4.7% TO R26.7 BILLION​.‍ADDED 4.3 MILLION CUSTOMERS DURING FIRST HALF OF YEAR​.‍INTERIM DIVIDEND PER SHARE OF 390 CENTS​."‍WE WILL BE FULLY COOPERATING WITH ICASA REVIEW".  Full Article

Nokia signs MoU with Vodacom on South Africa 5G trials
Tuesday, 7 Nov 2017 04:00am EST 

Nov 7 (Reuters) - Nokia Oyj :Says Nokia and Vodacom have signed MoU under which the companies will trial Nokia 5G technology in South Africa.  Full Article

South Africa's Competition Commission launches abuse of dominance investigation against Vodacom​‍​
Wednesday, 4 Oct 2017 09:00am EDT 

Oct 4 (Reuters) - South Africa's Competition Commission: :LAUNCHES ABUSE OF DOMINANCE INVESTIGATION AGAINST VODACOM​‍​.COMMISSION HAS INFORMATION THAT THERE ARE 20 GOVERNMENT DEPARTMENTS WHICH WILL BE SUBJECTED TO THE NEW VODACOM CONTRACT.HAS REASONABLE GROUNDS TO SUSPECT EXCLUSIVE CONTRACT MAY CONSTITUTE EXCLUSIONARY ABUSE OF DOMINANCE BY VODACOM.INITIATED INVESTIGATION AFTER CO SECURED EXCLUSIVE CONTRACT WITH NATIONAL TREASURY TO BE PROVIDER OF MOBILE TELECOMMUNICATION SERVICES TO GOVT‍‍​.COMMISSION IS OF THE VIEW THAT THE CONTRACT WILL RESULT IN A LOSS OF MARKET SHARE FOR OTHER NETWORK OPERATORS.  Full Article

Vodafone Group raises 14.85 bln rand from Vodacom stake sale
Wednesday, 6 Sep 2017 02:00am EDT 

Sept 6 (Reuters) - VODAFONE GROUP PLC ::RESULT OF PLACING OF ORDINARY SHARES IN VODACOM​.‍HAS SOLD AN AGGREGATE OF 90 MILLION ORDINARY SHARES IN VODACOM AT A PRICE OF ZAR 165PER SHARE, RAISING GROSS PROCEEDS OF ZAR 14,850 MILLION​.FOLLOWING COMPLETION OF PLACING, WILL INDIRECTLY OWN ABOUT 64.5 PCT OF VODACOM'S ORDINARY SHARE CAPITAL​.  Full Article

Vodacom Group says Vodacom Tanzania will list on Dar Es Salaam Stock Exchange
Thursday, 10 Aug 2017 04:07am EDT 

Aug 10 (Reuters) - VODACOM GROUP LTD ::SAYS VODACOM TANZANIA WILL BE LISTED ON MAIN INVESTMENT MARKET SEGMENT OF DAR ES SALAAM STOCK EXCHANGE ON OR ABOUT 15 AUG.  Full Article

Vodacom Group qtrly group revenue grew 3.9 pct to 20.7 bln rand
Thursday, 20 Jul 2017 01:05am EDT 

July 20 (Reuters) - Vodacom Group Ltd ::Qtrly group revenue grew 3.9 pct to 20.7 bln rand, normalised growth, excluding currency translation effects, was 7.7 pct.Q1 group service revenue grew 1.7 pct to 17.1 bln rand, normalised growth, excluding currency translation effects, was 5.9 pct.Added 2.5 million customers during quarter, 2.3 million in South Africa and 280 thousand in our international operations.Q1 south africa revenue growth accelerated to 7.8 pct aided by stronger device sales, service revenue growth was sustained at 5.6 pct.Q1 group data revenue increased 15.1 pct, normalised 18.3 pct, to 6.7 bln rand.  Full Article

South African Airways said to favor Vodacom executive as CEO - Bloomberg
Wednesday, 28 Jun 2017 09:15am EDT 

June 28 (Reuters) - :South African Airways said to favor Vodacom executive, Vuyani Jarana, as CEO - Bloomberg citing sources.  Full Article

Vodacom Group says Chairman Peter Moyo to retire
Thursday, 15 Jun 2017 03:00am EDT 

June 15 (Reuters) - Vodacom Group Ltd ::Peter Moyo, chairman of company will retire, step down from board at forthcoming AGM to be held on Tuesday July 18 2017.Appointment of Jabu Moleketi, current independent non-executive director, to role of chairman of company with effect from July 19 2017.Appointment of Sakumzi Macozoma as lead independent director of company also with effect from Wednesday, July 19 2017.  Full Article

Vodacom says shareholder PIC to vote in favour of Safaricom deal
Friday, 2 Jun 2017 05:50am EDT 

June 2 (Reuters) - Vodacom Group Limited ::PIC, which includes government employees pension fund, holds 15.63 pct interest in co, has undertaken to vote in favour of proposed Safaricom acquisition.  Full Article

Vodafone sees cash flow improvement as regulation, capex ease
Tuesday, 16 May 2017 03:05am EDT 

May 16 (Reuters) - Vodafone :Cfo says free cash flow step-up driven by growth in organic business as capex normalises.Cfo says goal is continuing dividend cover, ceo says sees balance between investment needs and shareholder rewards.Cfo says regulation will weigh on service revenue growth in Europe in fy18, drag of about 1 percent point.Ceo says service revenue in uk "flattening", enterprise remains highly competitive.Ceo says operational improvements in uk now visible.Ceo says no plans to move out of the uk after brexit, for vodafone brexit does not make a big difference.Ceo says no plan to put Ghana, other african units into Vodacom vodj.j at the moment.Cfo says India could quickly rebound.  Full Article

Photo

Finland's Nokia joins Vodacom to trial 5G technology in South Africa

JOHANNESBURG Finnish network equipment maker Nokia will trial its 5G technology in South Africa in collaboration with Vodacom Group, the firms said on Tuesday, as they seek to provide faster data delivery.