Vodacom looking to invest in Angola

13 Jan 2006

South African mobile market leader Vodacom said yesterday that it is considering bidding for a possible third wireless network operating licence in Angola. Vodacom, owned by South African fixed line incumbent Telkom and UK-based Vodafone Group, stated it would consider investment opportunities in Angola ‘if they arise.’ The company’s comments followed reports that Angola could licence a third mobile phone operator in an attempt to ramp up competition and expand its telecoms market. According to a Vodacom spokesperson: ‘As part of its future expansion drive, Vodacom will consider investment opportunities in Angola and will carefully monitor developments in the Angolan government’s plans in this regard.’

Angola, Vodacom South Africa