Vodacom Plans Video-On-Demand as Africa Data Sales Boost Profit
Vodacom is becoming `more of an Internet company,' CEO says
Operator planning to expand content services, video products
Vodacom Group Ltd., the South African unit of Vodafone Group Plc, announced plans to enter the increasingly competitive African video-on-demand market as data-revenue sales helped boost first-half profit by 6 percent.
“We’re becoming more of an Internet company,” Chief Executive Officer Shameel Joosub said by phone. “We need to play more in the content space. We will have video-on-demand offerings.”