Vodacom is majority owned by Vodafone and is one of the world’s largest mobile companies. Vodacom has operations in South Africa, Tanzania, the DRC, Lesotho and Mozambique. Just yesterday Vodacom entered into offical negotiations with Neotel for the mobile giant to take over 100% of Neotel. Vodacom has a market cap of R186.5 billion, a price to earnings ratio of 14.3 and a dividend yield of 5.4%. Guests David Lerche, Telecoms analyst from Avior Capital Markets and our resident expert Paul Theron from Vestact decide whether Vodacom is hot or not.
Source: CNBC Africa