vodacom group ltd-sp adr (VDMCY) Key Developments
Vodacom Unveils New Secure Device Manager
Jan 29 15
Vodacom has unveiled Vodacom secure device manager, a new bring your own device, or BYOD, security solution. Vodacom Secure Device Manager is a new Mobile Device Management (MDM) solution developed by Vodacom Business. This solution provides administration functionality for businesses to remotely manage mobile devices and enforce security policies, giving employees secure access to corporate data. The tool can be used for both company-owned and employee-owned devices across the business. Vodacom Secure Device Manager is a solution that enables companies to manage all devices using company resources through an internet-based console. Once devices have been added, companies can maintain the security of their data and applications, even if a device is lost or stolen. This is done by ensuring that only authorized and compliant devices have access to the company network, and by locking down and wiping the data from any lost or stolen devices. Vodacom Secure Device Manager also enables companies to remotely monitor the health of smart devices and run diagnostics to identify issues and fix problems as efficiently as possible. On top of this, the service allows the viewing of application inventory and data against thresholds in order to simplify the management mobile assets and inventory. Updating or adding new policies, settings, certificates, applications, and software can also all now be managed wirelessly via the internet using Vodacom Business' MDM solution. The web-based console gives companies the ability to control who can access company information and applications through their own smart devices, thereby protecting vital information and helping companies to comply with regulations such as the impending POPI Act.
Emirates Telecommunications Receive Offers to Sell Zantel
Jan 27 15
Emirates Telecommunications Corporation (ADX:ETISALAT) received offers from Vodacom Group Limited (JSE:VOD), Bharti Airtel Limited (BSE:532454) and Millicom International Cellular SA (OTCPK:MIIC.F) to acquire 65% stake in Zanzibar Telecom Limited (Zantel), according to three people with knowledge of the matter.
Vodacom Group Appoints Priscillah Mabelane as Independent Non Executive Director
Dec 1 14
Vodacom Group has advised that Priscillah Mabelane (BComm (Hons), CA (SA), Dip in Tax) has been appointed as an independent non executive director of the company with effect from 1 December 2014. On appointment Mabelane will become a member of Vodacom Group's audit, risk & compliance committee. Mabelane is the Chief Financial Officer of BP Southern Africa Limited, a position she has held since 2011. She is also a non-executive director at Airports Company South Africa.
Vodacom Group Limited Announces Consolidated Unaudited Earnings Results for the Six Months Ended June 30, 2014
Nov 10 14
Vodacom Group Limited announced consolidated unaudited earnings results for the six months ended June 30, 2014. For the period, the company reported revenue of ZAR 37,546 million against ZAR 36,688 million a year ago. The growth in revenue is supported by equipment which now contributes 17.1% of group revenue compared to 16.7% a year ago. EBITDA was ZAR 12,993 million against ZAR 13,221 million a year ago. Operating profit was ZAR 9,430 million against ZAR 9,998 million a year ago. Net profit attributable to equity shareholders was ZAR 6,190 million against ZAR 6,487 million a year ago. Net cash flow from operating activities was ZAR 7,404 million against ZAR 8,632 million a year ago. Capital expenditure was ZAR 5,881 million against ZAR 4,850 million a year ago. Net debt was ZAR 16,006 million ago. Diluted earnings per share were 421.6 cents against 441.9 cents a year ago. Profit before tax was ZAR 9,033 million against ZAR 9,544 million a year ago. Net additions to property and plant equipment were ZAR 5,675 million against ZAR 5,038 million a year ago. Headline earnings per diluted share were 415 cents against 439 cents a year ago. Group headline earnings per share declined by 5.5%, negatively impacted by the lower MTRs, higher depreciation as a result of its capital acceleration program, as well as the impact of foreign exchange. Reported group revenue and service revenue increased by 2.3% and 1.7% respectively, and if excluded the impact of the MTR cuts, group revenue and service revenue both would have increased by 5%. Reported EBITDA declined by 1.7%, and again, if exclude the impact from the MTR cuts, group EBITDA increased by 2.7%.
Vodacom Group Limited Declares Interim Dividend, Payable on December 1, 2014
Nov 10 14
VODACOM GROUP LTD announced that the Trustees of the Share Instalment Trust have declared a dividend amount of 375 cents per VODNNI share instalment that is payable on December 1, 2014. The dividend is subject to a local tax of 15%. No STC credits were utilized. This results in a net dividend of 318.75 cents per share instalment. The final payment will be rounded to two decimal places. The last day to trade cum-dividend is 21 November 2014. The Share Instalment will commence trading ex-dividend from 24 November 2014. The record date will be 28 November 2014.