{"id":44356,"date":"2013-08-18T23:02:55","date_gmt":"2013-08-18T21:02:55","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=44356"},"modified":"2013-08-19T09:12:45","modified_gmt":"2013-08-19T07:12:45","slug":"vodacom-ceos-strategy-explains-neotel-acquisition-plans","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/telecommunications\/44356\/vodacom-ceos-strategy-explains-neotel-acquisition-plans\/","title":{"rendered":"Vodacom CEO&#8217;s strategy explains Neotel acquisition plans"},"content":{"rendered":"<p><a title=\"Vodacom\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1639-Vodacom\">Vodacom<\/a> is rumoured to be in advanced discussions to acquire <a title=\"Neotel\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2383-Neotel\">Neotel<\/a>, and Vodacom CEO <a title=\"Shameel Joosub\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/4537-Shameel-Joosub\">Shameel Joosub<\/a>\u2019s views on where the company\u2019s future growth will come from clearly shows why he may be looking to buy Neotel.<\/p>\n<p>Speaking on CNBC Africa, Joosub said that he sees enterprise services as one of the biggest growth opportunities in South Africa.<\/p>\n<p>\u201cThere is a big opportunity [for Vodacom] to capture more of the fixed [telecoms] space,\u201d said Joosub.<\/p>\n<p>Although Vodacom, through Vodacom Business, has some fibre infrastructure, it is still lacking extensive national and metropolitan fibre networks.<\/p>\n<p>Acquiring Neotel will provide Vodacom with an established fibre network, which is already geared towards serving enterprise clients.<\/p>\n<p>By purchasing Neotel, Vodacom can also increase its enterprise client base extensively, which it can then upsell with additional mobile and converged solutions.<\/p>\n<p>An added benefit for Vodacom with a Neotel deal is access to valuable 800Mhz spectrum, suitable for the rollout of LTE.<\/p>\n<p>While Vodacom and Neotel would not confirm or deny the acquisition talks, well placed sources informed BusinessTech that Vodacom is currently performing due diligence on Neotel as part of its acquisition talks.<\/p>\n<h3 class=\"my-4\">More on Vodacom and Neotel<\/h3>\n<p><a title=\"Vodacom last man standing in Neotel acquisition?\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/44291\/vodacom-left-standing-in-neotel-acquisition\/\"><strong>Vodacom last man standing in Neotel acquisition?<\/strong><\/a><\/p>\n<p><a title=\"Why buy Neotel?\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/38752\/why-buy-neotel\/\"><strong>Why buy Neotel?<\/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=\"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 closer to Neotel purchase: sources\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/43698\/vodacom-closer-to-neotel-purchase-sources\/\"><strong>Vodacom closer to Neotel purchase: sources<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vodacom CEO Shameel Joosub\u2019s explanation of the group&#8217;s South African growth plans sheds light on why acquiring Neotel makes sense.<\/p>\n","protected":false},"author":10,"featured_media":43700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[26,261,3403,27],"class_list":["post-44356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecommunications","tag-headline","tag-neotel","tag-shameel-joosub","tag-vodacom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/44356","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=44356"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/44356\/revisions"}],"predecessor-version":[{"id":44379,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/44356\/revisions\/44379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/43700"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=44356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=44356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=44356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}