We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Vodacom’s finance chief says the telecom group has enough capacity to take on fresh debt to fund a slew of new and ongoing projects that require billions to see them through, without hurting its balance sheet. Market players say the company’s traditionally conservative approach to managing its balance sheet remains its saving grace where borrowing is concerned. 

Vodacom has traditionally allocated capital to network expansion, spending R14.6bn or 14.3% of revenue on expanding 4G and 5G coverage in its operating countries, in the year to end-March 2022...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.