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Vodacom

Vodacom
Public
Traded as JSE: VOD
Industry Telecommunications
Founded 1994
Headquarters Johannesburg, South Africa
Area served
Africa
Key people
Shameel Joosub (CEO)
Peter Moyo (Chairman)
Products Mobile telephony
Internet services
Revenue IncreaseUS$5.402 billion (2015)
Increase US$1.27 billion (2015)
Increase US$850 million (2015)
Total assets Increase US$4.307 billion (2015)
Total equity Increase US$2.643 billion (2015)
Number of employees
7,786 (2015)
Parent Vodafone
Website www.vodacom.co.za

Vodacom Group Limited (Vodacom) is an African mobile communications company, providing voice, messaging, data and converged services to over 55 million customers. From its roots in South Africa, Vodacom has grown its operations to include networks in Tanzania, the Democratic Republic of Congo, Mozambique, and Lesotho and provides business services to customers in over 40 African countries such as Nigeria, Zambia, Angola, Kenya, Ghana, Côte d'Ivoire, and Cameroon. It was owned on a 50:50 basis by the South African telecommunications group Telkom and the British mobile phone operator Vodafone. On 6 November 2008 Vodafone announced that it had agreed to increase its stake to 65%, and Telkom said that it would spin off its remaining holding by listing it on the Johannesburg Stock Exchange. On April 1, 2011, Vodacom officially unveiled its new change in branding from blue to red, using the same style as its parent company, Vodafone.

Vodacom provides coverage to Mount Kilimanjaro, which used to make it the highest point in the world to be covered by GSM. It no longer is, as TeliaSonera now provides coverage at the top of Mount Everest, the highest point in the world. Vodacom was aided by its optimistic advertisements at the early stages of the democratic South Africa, this includes the yebo gogo campaign which is still in effect today in South Africa. Vodacom is the leading cellular network in South Africa with an estimated market share of 58% and more than 23 million customers.

Vodacom provides 3G, 4G, and UMTS networks in South Africa, and also offers HSPA+ 21.1 Mbit/s, HSUPA (2100 MHz), 42 Mbit/s., Wi-Fi, WiMAX, and LTE services. Vodacom was the first cellular provider to introduce LTE in South Africa.


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