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July 28, 2015 6:30 PM ET

Wireless Telecommunication Services

Company Overview of Vodacom Group Limited

Company Overview

Vodacom Group Limited, a unified communications provider, offers mobile voice, messaging, data, and converged services to the personal, business, and corporate customers in South Africa and internationally. Its voice services include mobile and fixed network, roaming, and international calling services; messaging services comprise SMS and MMS; and data services consist of mobile broadband and Internet. The company also provides mobile financial services, such as money transfer, savings, and credit services; insurance products, including cellphone, life, laptop and portable device, contract, and family funeral coverage insurance; and airtime advance services. In addition, it offers digital co...

Vodacom Corporate Park

082 Vodacom Boulevard

Midrand,  1685

South Africa

Founded in 1993

7,786 Employees

Phone:

27 11 653 5000

Key Executives for Vodacom Group Limited

Chief Executive Officer, Executive Director, Member of Executive Committee and Member of Social & Ethics Committee
Age: 44
Total Annual Compensation: $9.7M
Chief Financial Officer, Executive Director and Member of Executive Committee
Age: 42
Total Annual Compensation: $6.0M
Member of Executive Committee and Chief Officer of Enterprise Business Unit
Age: 44
Total Annual Compensation: $4.8M
Chief Officer of Customer Operations and Member of Executive Committee
Age: 48
Total Annual Compensation: $4.8M
Chief Officer of Corporate Affairs and Member of Executive Committee
Age: 53
Total Annual Compensation: $3.7M
Compensation as of Fiscal Year 2015.

Vodacom Group Limited Key Developments

Vodacom Group Announces Management Changes

Vodacom Group announced that Mr. Ivan Dittrich, chief financial officer and executive director, has resigned from the company to pursue his own interests. Following his resignation, Ivan will step down from the board with effect from 31 July 2015. Mr. hatem Dowidar, non-executive director has resigned from the company and will step down from the board with effect from 30 September 2015. Mr. Till Streichert, currently executive director: Finance of Vodacom South Africa will succeed Ivan as Chief Financial Officer and executive director of the company with effect from 1 August 2015. Till joined the company in February 2014, prior to which he had been CFO of Vodafone Romania. He held a number of senior finance and commercial roles in Romania which included Director of Channel Marketing, Logistics and Sales Operations, Director of Financial Planning & Reporting and Finance Operations before he was appointed as CFO in 2011. Till has also served as a strategy consultant at The Boston Consulting Group and started his career working for the CEO of T-Mobile Germany before undertaking different senior roles at T-Mobile UK. Till has a doctorate in philosophy from the University of Hanover in Germany. Replacing Hatem on the board with effect from 1 October 2015 is Mr. Marten Pieters (LLM and postgraduate course in Economics), the former CEO and managing director of Vodafone India, a role he held from February 2009 until April 2015. Marten was also the Chairman of the board of the Cellular Operators in India. He is the former non-executive director of Millicom International Cellular (2008 to 2009) and was CEO of Celtel International B.V from 2003 until 2007. Prior to this Marten held various senior roles at KPN, more latterly as CEO of KPN Business Solutions.

Vodacom Group Limited Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2015

Vodacom Group Limited reported unaudited earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported revenue of ZAR 19,559,000 compared to ZAR 18,287,000 a year ago. Capital expenditure was ZAR 398 million.

Vodacom Group Limited, Q1 2016 Earnings Call, Jul 23, 2015

Vodacom Group Limited, Q1 2016 Earnings Call, Jul 23, 2015

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
July 1, 2015
--
Buyback
October 1, 2014
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