Vodacom has won a contract with the South African government valued at R5 billion, according to a report by Bloomberg.
The report stated that Treasury is looking to cut costs, and the tender is to supply up to 1.3 million government employees for four years – starting on 15 September.
Vodacom CEO Shameel Joosub said Vodacom was honoured by the Treasury’s decision to appoint it as a partner to government, but did not divulge details of the deal.
“Our substantial investment in infrastructure and innovative capability will now be at the disposal of the state,” he said.
The move by Treasury will save money and ensure the government has a reliable telecoms supplier, stated the report.