{"id":38303,"date":"2013-05-22T00:36:28","date_gmt":"2013-05-21T22:36:28","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=38303"},"modified":"2013-05-22T09:18:54","modified_gmt":"2013-05-22T07:18:54","slug":"vodacom-keen-on-acquisitions-but-where","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/38303\/vodacom-keen-on-acquisitions-but-where\/","title":{"rendered":"Vodacom keen on acquisitions, but where?"},"content":{"rendered":"<p>Mobile\u00a0operator\u00a0<a title=\"Vodacom\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1639-Vodacom\">Vodacom<\/a> says it is keen to expand its foot print in\u00a0three new countries by the end of 2014, but analysts are asking the question, where?<\/p>\n<p>Group CEO <a title=\"Shameel Joosub\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/4537-Shameel-Joosub\">Shameel Joosub<\/a> told Bloomberg that Vodacom aims to extend its footprint by acquiring local operators.<\/p>\n<p>Two or three deals \u201cin the next two years would be great,\u201d he said. \u201cThere are some good opportunities out there and we are actively pursuing it. We hope to be able to add some acquisitions this year.\u201d<\/p>\n<p>However, in a presentation following the release of Vodacom&#8217;s results for the year ended March 2013, on Monday (20 May), Joosub said that the group is only targeting countries in Africa, with a population exceeding 10 million, with no &#8216;major&#8217; operators present, a high GDP, and a low penetration rate (mobile).<\/p>\n<p><a title=\"Irnest Kaplan\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1670-Irnest-Kaplan\">Irnest Kaplan<\/a>, MD of\u00a0<a title=\"Kaplan Equities\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1671-Kaplan-Equity-Analysts\">Kaplan Equities<\/a>, says under such criteria, &#8220;its difficult to see where they (Vodacom) will buy&#8221;.<\/p>\n<p>Analysts have for years been critical over Vodacom&#8217;s limited footprint, especially when compared to rival MTN.<\/p>\n<p>Aside from its headquarters in South Africa, Vodacom has additional networks in Tanzania, the Democratic Republic of Congo, Mozambique and Lesotho, but it is dwarfed by rival\u00a0<a title=\"MTN Group\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1640-MTN-Group\">MTN Group<\/a>, which has operations in 21 countries in Africa and the Middle East.<\/p>\n<p>One market which suits Vodacom&#8217;s criteria is\u00a0Ethiopia, which has a monopoly operator,\u00a0Ethiopia Telecom which has\u00a020 million mobile SIM Card\u00a0users in a country with a population of 84.7 million people.<\/p>\n<p>\u201cWe are all interested in Ethiopia,\u201d Joosub told Bloomberg. \u201cYou\u2019d be crazy not be.\u201d<\/p>\n<p>The following table depicts the African countries which may meet Vodacom&#8217;s requirements.<\/p>\n<h3 class=\"my-4\">African Mobile Operators by country with population over 10 million<\/h3>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Country<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Population (millions)<br \/>\n<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Number of operators<\/strong><\/td>\n<td valign=\"top\" bgcolor=\"#CCCCCC\"><strong>Operators<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Algeria<\/td>\n<td>36.0<\/td>\n<td>3<\/td>\n<td>Nedjma, Mobilis, Djezzy<\/td>\n<\/tr>\n<tr>\n<td>Angola<\/td>\n<td>19.6<\/td>\n<td>2<\/td>\n<td>Unitel, Movicel (Angloa Telecom)<\/td>\n<\/tr>\n<tr>\n<td>Benin<\/td>\n<td>10.0<\/td>\n<td>5<\/td>\n<td>MTN Benin, Bell Benin Communications, Libercom, Globacomm, Moov<\/td>\n<\/tr>\n<tr>\n<td>Burkina Faso<\/td>\n<td>17.0<\/td>\n<td>3<\/td>\n<td>Airtel, Onatel, Telecel Faso<\/td>\n<\/tr>\n<tr>\n<td>Cameroon<\/td>\n<td>20<\/td>\n<td>3<\/td>\n<td>Camtel, MTN Cameroon, Orange<\/td>\n<\/tr>\n<tr>\n<td>Chad<\/td>\n<td>11.5<\/td>\n<td>3<\/td>\n<td>Airtel, Millicom, Salam<\/td>\n<\/tr>\n<tr>\n<td>Cote d&#8217;Ivoire<\/td>\n<td>20.2<\/td>\n<td>6<\/td>\n<td>Cafe Mobile , Comium (Koz), Green, Moov, MTN Cote d&#8217;Ivoire, Orange<\/td>\n<\/tr>\n<tr>\n<td>DRC<\/td>\n<td>67.8<\/td>\n<td>6<\/td>\n<td>Airtel, Orange, Congolese Wireless Network, SuperCell, Tigo, Vodacom<\/td>\n<\/tr>\n<tr>\n<td>Egypt<\/td>\n<td>82.5<\/td>\n<td>3<\/td>\n<td>Etisalat, MobiNil, Vodafone<\/td>\n<\/tr>\n<tr>\n<td>Ethiopia<\/td>\n<td>84.7<\/td>\n<td>1<\/td>\n<td>Ethio-Telecom<\/td>\n<\/tr>\n<tr>\n<td>Ghana<\/td>\n<td>25.0<\/td>\n<td>6<\/td>\n<td>Airtel, Expresso, Glo Ghana, Millicom Ghana (Tigo), MTN, Vodafone<\/td>\n<\/tr>\n<tr>\n<td>Guinea<\/td>\n<td>10.2<\/td>\n<td>5<\/td>\n<td>Orange, MTN, Sotelgui, Cellcom, Intercel<\/td>\n<\/tr>\n<tr>\n<td>Kenya<\/td>\n<td>41.6<\/td>\n<td>4<\/td>\n<td>Airtel, Safaricom, Orange, Yu<\/td>\n<\/tr>\n<tr>\n<td>Madagascar<\/td>\n<td>21.3<\/td>\n<td>4<\/td>\n<td>Airtel, Telecom Malagasy, Orange, Life (not yet in use)<\/td>\n<\/tr>\n<tr>\n<td>Malawi<\/td>\n<td>15.3<\/td>\n<td>4<\/td>\n<td>Airtel, TNM, G-Mobile and Celcom (not yet in use)<\/td>\n<\/tr>\n<tr>\n<td>Mali<\/td>\n<td>15.8<\/td>\n<td>3<\/td>\n<td>Malitel, Orange, Planor (not yet in use)<\/td>\n<\/tr>\n<tr>\n<td>Mozambique<\/td>\n<td>24.0<\/td>\n<td>3<\/td>\n<td>Movitel, Vodacom, mCell<\/td>\n<\/tr>\n<tr>\n<td>Morocco<\/td>\n<td>32.2<\/td>\n<td>3<\/td>\n<td>Maroc Telecom, Inwi, Medi Telecom<\/td>\n<\/tr>\n<tr>\n<td>Niger<\/td>\n<td>16.0<\/td>\n<td>4<\/td>\n<td>Airtel, Sonite, Moov, Orange<\/td>\n<\/tr>\n<tr>\n<td>Nigeria<\/td>\n<td>162.4<\/td>\n<td>9<\/td>\n<td>Airtel, Etisalat, Globacom, Starcomms, MTN Nigeria, Mtel (NITEL), Visafone, Zoom, MultiLinks<\/td>\n<\/tr>\n<tr>\n<td>Rwanda<\/td>\n<td>10.94<\/td>\n<td>3<\/td>\n<td>MTN, Tigo, Bharti Airtel<\/td>\n<\/tr>\n<tr>\n<td>Senegal<\/td>\n<td>12.7<\/td>\n<td>3<\/td>\n<td>Expresso, Orange, Tigo<\/td>\n<\/tr>\n<tr>\n<td>South Africa<\/td>\n<td>50.5<\/td>\n<td>4<\/td>\n<td>MTN, Vodacom, Telkom Mobile, Cell C<\/td>\n<\/tr>\n<tr>\n<td>Sudan<\/td>\n<td>34.3<\/td>\n<td>5<\/td>\n<td>Canar, MTN, SMTC, Vivacell, Zain<\/td>\n<\/tr>\n<tr>\n<td>Tanzania<\/td>\n<td>46.2<\/td>\n<td>7<\/td>\n<td>ZanTel,Vodacom, Airtel, Benson Infomatics, Sasatel, Tigo, Tanzania Telecommunications<\/td>\n<\/tr>\n<tr>\n<td>Tunisia<\/td>\n<td>10.67<\/td>\n<td>3<\/td>\n<td>Tunisie Telecom,Tunisiana, Orange<\/td>\n<\/tr>\n<tr>\n<td>Uganda<\/td>\n<td>34.5<\/td>\n<td>6<\/td>\n<td>MTN, Airtel, UT Mobile, Warid, Orange, Essar<\/td>\n<\/tr>\n<tr>\n<td>Zambia<\/td>\n<td>13.47<\/td>\n<td>3<\/td>\n<td>Airtel, MTN, Zamtel<\/td>\n<\/tr>\n<tr>\n<td>Zimbabwe<\/td>\n<td>12.7<\/td>\n<td>3<\/td>\n<td>Econet, Telecel Zimbabwe, TelOne<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<h3 class=\"my-4\">More on Vodacom<\/h3>\n<p><strong><a title=\"Permalink to Vodacom not desperate for acquisitions\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/38226\/vodacom-not-desperate-for-acquisitions\/\" rel=\"bookmark\">Vodacom not desperate for acquisitions<\/a><\/strong><\/p>\n<p><a title=\"We\u2019ve cracked Africa model: Vodacom\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/26322\/weve-cracked-africa-model-vodacom\/\"><strong>We\u2019ve cracked Africa model: Vodacom<\/strong><\/a><\/p>\n<p><a title=\"Vodacom tight-lipped over Neotel rumour\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/38204\/vodacom-tight-lipped-over-neotel-rumour\/\"><strong>Vodacom tight-lipped over Neotel rumour<\/strong><\/a><\/p>\n<p><a title=\"Market pressure slows Vodacom revenue\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/38114\/market-pressure-slows-vodacom-revenue\/\"><strong>Market pressure slows Vodacom revenue<\/strong><\/a><\/p>\n<p><a title=\"Vodacom, MTN courting Neotel purchase?\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/38004\/vodacom-mtn-courting-neotel-purchase\/\"><strong>Vodacom, MTN courting Neotel purchase?<\/strong><\/a><\/p>\n<p><a title=\"Vodacom expects data growth spurt\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/38180\/vodacom-expects-data-growth-spurt\/\"><strong>Vodacom expects data growth spurt<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mobile operator Vodacom says it is keen to expand its foot print in three new countries by the end of 2014, but analysts are asking the question, where?<\/p>\n","protected":false},"author":9,"featured_media":38329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,1529,5892,3403,27],"class_list":["post-38303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline","tag-irnest-kaplan","tag-kaplan-equities","tag-shameel-joosub","tag-vodacom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/38303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=38303"}],"version-history":[{"count":14,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/38303\/revisions"}],"predecessor-version":[{"id":38325,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/38303\/revisions\/38325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/38329"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=38303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=38303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=38303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}