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Vodacom unit to sell operations in four African markets

Published 21/06/2019, 08:03
Vodacom unit to sell operations in four African markets
VOD
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VODJ
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June 21 (Reuters) - South African mobile phone operator
Vodacom Group Ltd VODJ.J on Friday said it has entered an
agreement to sell its Business Africa unit's Angolan operations
and assets to Internet Technologies Angola for an undisclosed
amount.
Separately, Vodacom, which is majority owned by Vodafone
Group Plc VOD.L , also announced an agreement to sell the
unit's operations in Nigeria, Zambia and Cote d'Ivoire to
Synergy Communications.
Vodacom said it will no longer service enterprise customers
directly in any of the four markets but will continue to service
clients through local service providers.

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