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MarketScreener Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Vodacom Group Ltd    VODJ   ZAE000132577

VODACOM GROUP LTD

(VODJ)
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End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 02/18
116.79 ZAR   +1.20%
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Vodacom : Facebook to launch Facebook Flex in Lesotho

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02/11/2019 | 06:36pm EST

Vodacom Lesotho has partnered with Facebook to launch Facebook Flex, which is a connectivity service allowing people to stay connected with news all free of charge... Vodacom Lesotho’s managing director, Philip Amoateng said, “We at Vodacom are extremely passionate about giving Basotho the best possible tools for them to lead successful and fulfilling lives, using our network and the tools we can provide, to make their lives easier.

“This partnership is one of the many ways in which we hope to achieve that. In the face of blinding unemployment rates, hundreds of thousands of Basotho have found ways to build thriving businesses that use the power of Facebook.

“Thousands more have developed and built meaningful relationships in Lesotho and outside to further enrich their lives. We are excited about the prospect that this partnership will allow us to reach even further down the economic chain and encourage more Basotho to get onto the Facebook platform, and more importantly to become first-time users of the internet.”

In August 2018Vodacom Group said it created “Africa’s first standards-based, commercial 5G service in Lesotho”, using its assigned 3.5GHz spectrum to initially deliver Fixed-Wireless Access broadband services to two local enterprises.

Source: NexTVAfrica.com.

(c) All rights reserved. 2019. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (ZAR)
Sales 2019 90 049 M
EBIT 2019 24 309 M
Net income 2019 14 887 M
Debt 2019 22 989 M
Yield 2019 7,22%
P/E ratio 2019 12,90
P/E ratio 2020 11,65
EV / Sales 2019 2,61x
EV / Sales 2020 2,48x
Capitalization 212 B
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Mean consensus HOLD
Number of Analysts 11
Average target price 139  ZAR
Spread / Average Target 21%
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Managers
NameTitle
Mohamed Shameel Aziz-Joosub Chief Executive Officer & Executive Director
Phillip Jabulani Moleketi Independent Non-Executive Chairman
Till Streichert Chief Financial Officer & Executive Director
Andries Daniel Jan Delport Chief Technology Officer
Michael Joseph Non-Executive Director
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