Voda makes offer to boost stake in Vodacom

10 October 2008

UK-based operator Vodafone said Friday that it has made a Rand22.5bn ($2.5bn) bid for a further 15 per cent stake in South African operation Vodacom.

If successful, Vodafone would then own 65 per cent of an attractive asset with strong market positions in South Africa, Democratic Republic of Congo, Lesotho, Mozambique and Tanzania.…

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