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May 05, 2015 5:59 AM ET

Wireless Telecommunication Services

Company Overview of Vodacom Group Limited

Company Overview

Vodacom Group Limited operates cellular networks in South Africa and internationally. The company provides voice, messaging, data, and converged services to approximately 60 million customers covering individual and enterprise customers, which include large corporates, small and medium enterprises, and public entities. It offers Internet, financial, and convenience and security solutions, as well as apps for phone; Web hosting, dedicated hosting, and hosted CRM solutions; and mobile voice and data services. The company also provides domain services, managed SAP, hosted SharePoint, and hosted exchange; fiber, security, leased line, microwave, and managed satellite; VoIP, conference call, APN,...

Vodacom Corporate Park

082 Vodacom Boulevard

Midrand,  1685

South Africa

Founded in 1993

7,225 Employees

Phone:

27 11 653 5000

Key Executives for Vodacom Group Limited

Chief Executive Officer, Executive Director, Member of Executive Committee, Member of Social & Ethics Committee and Member of Group Risk Management Committee
Age: 43
Total Annual Compensation: $13.0M
Chief Financial Officer, Executive Director, Chairman of Group Risk Management Committee and Member of Executive Committee
Age: 41
Total Annual Compensation: $7.8M
Chief Officer of Enterprise Business Unit, Member of Executive Committee and Member of Group Risk Management Committee
Age: 43
Total Annual Compensation: $5.4M
Chief Operation Officer of International Business, Member of Executive Committee and Member of Group Risk Management Committee
Age: 42
Total Annual Compensation: $4.6M
Chief Officer of Corporate Affairs and Member of Executive Committee
Age: 52
Total Annual Compensation: $4.3M
Compensation as of Fiscal Year 2014.

Vodacom Group Limited Key Developments

Vodacom Announces Executive Changes

Romeo Kumalo has resigned as chief operating officer of international business at Vodacom. Vodacom's international chief operating officer Romeo Kumalo will leave the group at the end of May after having been with the company for over a decade. Kumalo joined Vodacom in August 2004 as group executive of strategic business development. He then went on to become MD of Vodacom Tanzania and was appointed chief commercial officer at Vodacom SA in April 2007.

Vodafone Group Mulls Acquisition Of Vodacom

Vodafone Group Public Limited Company (LSE:VOD) is seeking acquisition of Vodacom Group Limited (JSE:VOD) from South African government. Vittorio Colao, Chief Executive Officer of Vodafone Group Public Limited Company, has revealed that despite speculation that the South African government is planning to sell its 13.9% stake in Vodacom to fund energy utility Eskom, Vittorio Colao has had no discussions with government leaders on the subject, as reported by BusinessTech. Vittorio Colao reportedly hinted that Vodafone Group Public Limited Company is open to talks with the South African government regarding a proposed sale. 'I personally haven't had any discussion on that topic. We are happy where we are. We are happy with the current situation. Having said that we would be open to discussions,” Vittorio Colao executive was cited as saying.

Millicom International Cellular S.A Signs Agreement with Vodacom's M-Pesa Service

Millicom International Cellular S. A announced on February 25, 2015 that it has signed an agreement with Vodacom's M-Pesa service, enabling the company's Tigo Pesa mobile money service users for the first time to be able to exchange money with M-Pesa customers in Tanzania, Africa, later 2015. The company said this agreement makes the customers of Tigo Pesa service in Tanzania the first in Africa to be able to transact with users of all their country's mobile money networks. Tigo Pesa customers will now have Africa's first universal mobile money exchange system and will be able to safely and securely transact with millions more people across the country.

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