TheGrandParadise.com Essay Tips Is Vodacom owned by Vodafone?

Is Vodacom owned by Vodafone?

Is Vodacom owned by Vodafone?

Vodacom is majority owned by Vodafone (60.5% holding), one of the world’s largest communications companies by revenue.

How much does Vodafone own of Vodacom?

The transaction, which has a value of €2,361 million based on Vodacom’s closing share price on Friday 12 May 2017, will increase Vodafone’s ownership in Vodacom from 65% to 70%2.

Who are the shareholders of Vodacom?

– other (6%). At the end of March 2021, the group had 123.7 million customers….2021.

Name Equities %
Public Investment Corporation (SOC) Ltd. 248,583,223 13.5%
YeboYethu (RF) Limited 114,451,180 6.23%
The Vanguard Group, Inc. 19,489,666 1.06%
Vodacom Group Limited 15,421,231 0.84%

When did Vodafone buy Vodacom?

In 2002, HCI sold its stake back to Vodafone and VenFin for R1. 5 billion. Vodacom DRC obtained its GSM licence in December 2001 and a commercial service was launched under the Vodacom brand in May 2002.

Who owns MTN Network?

MTN Group

Formerly M-Cell
Founded 1994
Headquarters Johannesburg , South Africa
Area served Africa
Key people Mcebisi Jonas (Non-Executive chairman) Ralph Mupita (Chief Executive Officer)

Who owns Vodacom in South Africa?

Vodafone
Vodacom is majority owned by Vodafone (60.5% holding), one of the world’s largest communications companies by revenue.

How many shareholders does Vodafone have?

Vodafone Group Plc (US:VOD) has 675 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 266,493,805 shares.

Is Vodafone owned by BT?

Vodafone Limited is a British telecommunications services provider, and a part of Vodafone Group Plc, the world’s second-largest mobile phone company….Vodafone UK.

Type Limited company
Area served United Kingdom
Key people Ahmed Essam (CEO)
Services Telecommunications Internet service provider
Parent Vodafone

Is MTN owned by a South African?

MTN Group Limited, formerly M-Cell, is a South African multinational mobile telecommunications company, operating in many African and Asian countries. Its head office is in Johannesburg.

How much of Vodacom does Vodafone own?

Vodafone and Telkom then had a 50% stake each in Vodacom. Vodafone now owns 57.5% of Vodacom after purchasing a 15% stake from Telkom. On 9 October 2008, the company offered to acquire an additional 15% stake in Vodacom Group from Telkom. The finalised details of the agreement were announced on 6 November 2008.

When did Telkom spin off Vodacom from Vodafone?

On 6 November 2008, Vodafone announced that it had agreed to increase its stake to 64.5%, and Telkom said that it would spin off its remaining holding by listing it on the Johannesburg Stock Exchange (JSE). On 1 April 2011, Vodacom officially unveiled its new change in branding from blue to red, using the same style as its parent company, Vodafone.

What is the stock symbol for Vodacom?

Ownership. The shares of Vodacom Group are listed and traded on the JSE, under the ticker symbol: VOD. The shareholding in the group’s stock was as depicted in the table below in March 2018: Vodacom Group stock ownership. Name of owner.

What is Vodacom doing in South Africa?

In early 2020 Vodacom also became the second network operator in Africa to launch a live 5G network, initially available in Johannesburg, Pretoria and Cape Town. Vodacom is a sponsor of many South African sports.