Vodacom restructures African business, divests operations in Nigeria, 4 others
South African mobile phone operator, Vodacom Group Ltd., has announced its plan to sell its Business Africa unit’s Angolan operations and assets to Internet Technologies, Angola, for an undisclosed amount.
The multinational company also announced an agreement to sell the unit’s operations in Nigeria, Zambia and Cote d’Ivoire to Synergy Communications. The companies are in the process of concluding the deal which is subject to regulatory approval.
Vodacom said it would no longer service enterprise customers directly in any of the four markets but will continue to service clients through local service providers.
Meanwhile, Vodacom South Africa is undergoing a restructuring process aimed at giving the company a “clearer idea of which customers they are servicing, and delivering on what their customers want and need”.
In April, Vodacom announced that Sipho Maseko had been named the ‘Group Chief Operating Officer’ for Vodacom while he retained his role as leading Vodacom South Africa.
Seven South African business units now report to Maseko which includes Consumer Business Unit, Enterprise Business Unit, Financial Services, Customer Operations, Finance South Africa, HR South Africa and Innovations & Partnering.
Two other South African units – the Chief Network Officer and Information Technology SA – report to Vodacom Chief Technology Officer (CTO), Andries Delport.
As part of the restructuring process, Vodacom’s regional structures will be simplified while finance, human resources and other support teams will also make changes to fit the new structure.
Vodacom also plans to bring together the Vodacom Group and Vodacom SA finance departments with the goal of “speed and simplicity”.
All four technical executives will report to Johan Engelbrecht, the Chief Network Officer for Vodacom South Africa.
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