Vodacom pencils in A2X listing for late October
Telecoms firm says move offers investors an alternative trading venue
18 October 2023 - 18:58
Telecoms group Vodacom will offer its shares through a secondary listing on Johannesburg’s A2X exchange as a way to provide an alternative trading channel for its stock.
The group, valued at about R213.29bn on the JSE, is SA’s largest mobile operator with 45-million customers, competing locally with MTN, Telkom and Cell C. A subsidiary of UK’s Vodafone, the group operates one of the continent’s largest telecoms businesses with more than 185-million customers. ..
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