SA Transcripts • Nov. 11, 2013
Be smarter and faster with PRO Alerts on VODAF
There are no Focus articles on VODAF.
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.
There are no StockTalks on this stock yet.
VODAF vs. ETF Alternatives
Currently, there's no company description for VODAF.
Country: South Africa
Other News & PR