VODACOM
Viu launches OTT service in South Africa
In South Africa, the app will be available in a ‘freemium’ model offering premium local, regional and original content.
Still looking to exit Neotel business: Tata Communications MD Vinod Kumar
Tata Communications is still exploring options to exit from its South African telecom arm Neotel even as its deal with Vodacom for selling the company fell through.
Tata Communications' deal to sell Neotel to Vodacom lapses
The company on December 10 last year had said that Neotel and Vodafone's South Africa subsidiary, Vodacom have concluded a modified transaction.
Tata Communications to sell Neotel stake to Vodafone South Africa arm
Transaction documentation relating to the restructured transaction was submitted to the Competition Tribunal (Tribunal), Tata Communications said.
Tata Comm concludes deal to sell Neotel fixed line to Vodacom
Tata Communications today said it will sell majority of its subsidiary Neotel's fixed line assets to Vodacom South Africa but will retain control of licences including spectrum.
Neotel, Vodafone South Africa renegotiating USD 498 million acquisition deal
In dollar terms, the value of transaction at that time was around USD 676 million which has come down to USD 498 million due to depreciation in value of the rand.
Tata-led Neotel's acquisition gets nod from South Africa anti-trust body
South Africa's Competitions Commission has approved over $575 million acquisition of the Tata-led Neotel by the country's biggest telco Vodacom.
Tata-led Neotel takeover in South Africa under regulator scrutiny
Neotel was established by a Tata-led consortium in 2006 as South Africa's second fixed-line operator to rival government-owned Telkom's monopoly.
Tata Communications shares zoom almost 10% on stake sale in Neotel
Shares of Tata Communications surged almost 10% after Vodafone's South African subsidiary Vodacom reached an agreement to buy Neotel, controlled by the company.
Tata Communications sell Neotel stake to Vodacom for $680mn cash
Tata Communications confirmed the broad agreement, saying that Vodacom SA has agreed to buy 100 per cent in Neotel for ZAR 7 billion.
Tata Communications plan to sell Neotel to Vodafone-owned Vodacom may come to a nought
Tata Communications’ talks to sell Neotel to Vodacom are being held up as the local authority mulls whether or not to allow the transfer of airwaves.
Vodafone India service revenue drops 2 pc to Rs 9,541 crore
Vodafone reported a 2 per cent decline in its India service revenue to 937 million pounds (about Rs 9,541 crore) during the three months ended December 31.
South Africa industrial body opposes Vodacom move to buy Tata-led Neotel
The buyout of Tata-led South African telecom company Neotel by Vodacom, if it goes through, will lead to job cuts, and do little to reduce the digital divide, country's Wireless industry body WAPA has said.
Tata Communications shares gain nearly 8% on bourses
Tata Communications' scrip settled for the day at Rs 202.50, up 7.66 per cent on the BSE. During the day, the scrip gained 8.82 per cent to Rs 204.70.
Tata Communications rallies on talks to sell stake in Neotel
Tata Communications owns 67.32 per cent in Neotel and the rest is held by CommuniTel and Nexus Connection.
Vodacom in talks to buy Tata Comm-controlled Neotel
Vodacom today said it has entered into exclusive discussions regarding a potential acquisition of Neotel, controlled by Tata Communications.
Ex-Vodacom chief gives thumbs up to MTN-Bharti deal
Alan Knott-Craig, the former CEO of the Vodacom Group, has given his thumbs up to the proposed deal between Bharti Airtel and South Africa’s MTN.
Vodafone takes control of Vodacom
Vodafone, the world's biggest mobile phone group by revenue, has succeeded in its bid to take control of South Africa's biggest mobile phone operator, Vodacom Group.
Vodafone proposes to buy Telkom's stake in Vodacom
Telecom giant Vodafone has made a proposal to acquire the stake of Telkom SA in South Africa -based Vodacom, a move which will help the UK firm to strengthen its presence in that country.
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