There are no Transcripts on VDMCY.
There are no News articles on VDMCY.
Sep. 27, 2013, 9:23 AM
- Vodacom (VODAF.OB) is set to enter exclusive negotiations to acquire Internet provider Neotel from Tata Communications (TCL), which bought a majority stake in 2008, for more than 5B rand ($502M), Bloomberg reports.
- The interest comes as Vodacom becomes increasing interested in attracting small and mid-sized business customers and expanding data services to offset declining voice revenues.
- MTN Group (MTNOY.PK) was also reportedly interested but has since dropped out of the process.
VDMCY vs. ETF Alternatives
Currently, there's no company description for VDMCY.
Country: South Africa
Other News & PR