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Vodacom slashes data rates

Aug 24 2011 17:58 Reuters

Company Data

VODACOM GROUP LIMITED [JSE:VOD]

Last traded 0
Change -1,12
% Change 0
Cumulative volume 588086
Market cap 191.22bn

Last Updated: 19-12-2014 at 04:40. Prices are delayed by 15 minutes. Source: McGregor BFA

MTN GROUP LIMITED [JSE:MTN]

Last traded 0
Change -4
% Change 0
Cumulative volume 3765547
Market cap 406.64bn

Last Updated: 19-12-2014 at 04:41. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - South Africa’s biggest wireless phone operator Vodacom Group [JSE:VOD] has slashed data prices for its prepaid and top-up users by 42%, it said on Thursday.

Vodacom, majority owned by Britain’s Vodafone, said last month competition was intense and that it expected pricing pressure to continue.
 
The company competes with MTN Group [JSE:MTN] , unlisted Cell C and Neotel.
data  |  mobile  |  ict  |  broadband
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