Vodacom and Safaricom in a bid to buy M-Pesa brand from parent company Vodafone

Vodacom

Vodacom and Safaricom are in the process of buying the M-Pesa brand from parent company Vodafone, in a deal reportedly worth over R190 million. Vodacom mentioned the deal in its recent full year results announcement, saying it expected the acquisition of the popular mobile money service to “further accelerate our mobile money growth plans in Africa”. Vodacom group CEO Shameel Joosub confirmed the plans in an interview with ITWeb, saying Vodacom, through a joint agreement with Safaricom, has done a deal with Vodafone to “take over M-Pesa completely”. “So, Safaricom…

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Huawei And Vodacom Succesfully Test The First 1Gbps Network In Africa

1Gbps

Yesterday in South Africa a telecommunication milestone was achieved as Huawei and Vodacom successfully tested Africa‚Äôs first 1Gbps network by aggregating LTE in both licensed and unlicensed bands within the Huawei Lampsite solution. As Huawei reports in a blog post, the peak speed hit over 1Gbps. In what was the first 1Gbps network and also the first 3 component carrier test in the continent, Huawei and Vodacom achieved a great feat that represented an important milestone for the 4.5G network. Another live trial has successfully demonstrated the co-existence of LTE…

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Vodacom Nigeria Trains 25 Female Students on IoT

1Gbps

Vodacom Nigeria trained 25 female students on IoT as part of its support for the Girls In ICT program, Vanguard reports. The students learned how IoT is used in ensuring people’s safety and in securing the world today. The girls got a chance to tour the company’s facilities which exposed them to the importance of connectivity and data security. Vodacom hopes that by training female students in matters ICT, they will help in demystifying the myth that ICT is a male dominated field and in so doing encourage more female…

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Vodacom Will Discontinue M-Pesa South Africa From 30th June

Vodacom

  Earlier in the year, Vodacom said that it was reviewing M-Pesa South Africa. The service that was launched in 2010 and re-launched four years later, was expected to have millions of users but it only garnered 76,000 active users. Shameel Joosub, CEO, said in a statement that the decision was based on the fact that the business sustainability of M-Pesa is predicted on achieving a critical mass of users. Their revised projections and the high level of financial inclusion in South Africa meant that there was little prospects of…

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