The social media company will be worth more than $100 billion when it lists today.
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Vodacom spends R8.7bn on network
The company will spend between 11% and 13% of its revenue in the coming year to meet growing demand.
Smartphone users now account for about a fifth of all handsets on Vodacom's SA network and this is the main driver of data growth, says CEO Pieter Uys.
Social Media
Facebook listing sparks hype
Mobile and Wireless Technology
Vodacom sees lower voice, data revenue
The operator expands into under-serviced areas, a subscriber base that could dent its average revenue per user.
Cellular
Vodacom still seeks African expansion
There are no deals that would “move the needle” at the moment, says the operator.
IT in Government
Infraco success requires govt tenant
The DPE and Broadband Infraco work on a detailed funding plan, which aims to address the company's cash position.
IT in Government
2013 decision on R10bn govt dud
Eskom has hosted the PBMR since 1 April 2012, and will do so until the end of its care and maintenance phase in 2013.
Reuters
Facebook shares sink after IPO hype
Shares sank 11% in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25%.
IT Service Management
Bytes reports strong results
Excellent performances by Bytes Managed Solutions and Bytes Systems Integration resulted in a 9% increase in local revenues.
Cellular
Vodacom pays out R10.6bn in dividends
The operator returns almost all its free cash flow to shareholders at the end of the year.
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