Data provided by McGregor BFA
All data is delayed
Loading...
See More

Vodacom gets competitor in Moz

Nov 09 2010 07:14 Reuters

Company Data

VODACOM GROUP LIMITED [JSE:VOD]

Last traded 129.01
Change 0.38
% Change 0.00
Cumulative volume 1614393
Market cap 191.96bn

Last Updated: 17/04/2014 at 04:28. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Vodacom eyes big turnaround

Vodacom hikes dividend by 64%

Vodacom launches odd-lot offers

Vodacom cleared in Gogga case

Vodacom to buy out small guys

 

Maputo - Mozambique picked a unit of Vietnam's unlisted Viettel as its third mobile-phone operator, the head of telecoms regulation said on Monday.

Movitel, a unit of Viettel that includes a consortium of Mozambican investors, beat two other firms with its $29m bid, Isidore Pedro da Silva, the chairman of the National Institute of Communications told state television.

The two other bidders were TMM, a unit of Portugal Telecom, and UNI-Telecom, a joint venture between Angola's Unitel SA and Mozambique's Energy Capital SA.

Da Silva said the winning bid was awarded on technical capacity, not only price. Unitel had proposed $33m, while Portugal Telecom had bid $25m, he said.

A total of 22 firms originally bid for the license.

Movitel will enter a market dominated by Mozambique Cellular and Vodacom Mozambique, a unit of South Africa's Vodacom Group [JSE:VOD].

vodacom  |  mozambique
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

An uncomfortable election

The latter few weeks of election 2014, have seen South Africans reeling from an assault on their comfort zone when it comes to voting, writes Daniel Silke

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...