Neotel worth R7bn because of its spectrum – look again at Telkom

Vodacom is going to be buying fixed-line operator Neotel in a deal worth about R7bn. At first glance, the deal seems a little off-target, given that Vodacom has no fixed-line operations, but in fact, itโ€™s a fairly smart move. Buying Neotel will give Vodacom access to the part of the radiowave spectrum that Neotel has … Read more

Cash cow Vodacom pays 92% of HEPS in dividends, yielding 6.4% on share price

Vodacom’s financial results for the year to end March, released on SENS this morning, reflect the price war which has erupted in South Africa’s cell phone sector. The better than expected numbers also justify late confidence which emerged in the market on Friday when Vodacom’s shares gained almost R3 from their lowest point to close … Read more