Vodafone aims to unify Africa divisions
The group is likely to collapse its operations into Vodacom, which is far more advanced and bigger than its sister companies
Vodafone will likely consolidate some of its operations in sub-Saharan Africa into a single entity as part of its "single, coordinated Africa strategy". In pursuit of this strategy, the group is likely to collapse its operations into Vodacom, which is far more advanced and bigger that its sister companies. Vodafone CEO Vittorio Colao said on Wednesday that the group was looking at "improving the cohesion of different operations". Vodafone’s Pan-African strategy, which also includes expansion opportunities, was likely to be driven by Vodacom, given the mobile network operator’s "scale, advancement and competence in technology", Colao said. If the consolidation happens, it will also allow the companies to share skills across the group’s operations. Vodafone owns 65% of Vodacom, which has operations in Lesotho, Mozambique, Tanzania and the Democratic Republic of Congo. Vodafone’s other African assets are in Ghana, Ethiopia and Kenya, last-mentioned through a 40% stake in Safaricom. Vod...
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