Examples of Vodacom Tanzania in a sentence
On 15 August 2017, Vodacom Tanzania listed on the Main Investment Market Segment (MIMS) of the DSE under the ticker VODA, and became the first telecommunications operator to comply with these regulatory changes.
The Offer Document has also been approved by the Vodacom Tanzania Board.This Offer Document contains an offer to acquire the Offer Shares at the Offer Price from the public on the terms and subject to the conditions set out in this Offer Document and the appended Letter of Acceptance.
The minimum and maximum number of Offer Shares that may be accepted by any Vodacom Tanzania shareholder is 588 000 070.
With a 48.75% stake in the Company, Vodacom Group is the principal shareholder of the Company.As was indicated in Section 10.6 of the Vodacom Tanzania IPO Prospectus, Vodacom Group has sought approval from the relevant regulatory authorities to increase its shareholding in the Company through acquisition of a single block of 588 000 070 (five hundred eighty-eight million and seventy) shares of the Company, subject to the conditions in this Offer Document.
This meant that Vodacom Tanzania had to pay a fee to Vodafone Global Services for each registered M- PESA customer.
Of course, it is not possible to electronically monitor cash balances, but operators can encourage close communication between agents and their masteragents to ensure that cash doesn’t run out: Vodacom Tanzania has recently issued its masteragents with mobile numbers that are toll-free for its agents so that they can communicate their liquidity needs freely, without worrying about incurring the cost of airtime.
This business model led Vodacom Tanzania to purposefully control the growth in subscriptions by trying to limit registrations to active users, because Vodacom did not want to pay license fees for customers that would not transact over the Vodacom network.• When Vodacom first launched the mobile money service it had a complicated fee system relative to the initial offering in Kenya.
None of the categories of expenses below will be settled by Vodacom Tanzania.
Second, Vodacom did not invest a lot of resources in consumer education, while Safaricom did.• Vodacom Tanzania was not well prepared for the launch of M-PESA in April 2008; it conducted little market research and rushed to launch the program before its competitors.
While all necessary measures are taken, there are concerns on the wider impact of the envisaged deadline if customers will have to be switched off to ensure compliance.Acquisition of Shared Networks Tanzania Limited (‘SNT’)On 26 October 2015, Vodacom Tanzania Plc entered into an agreement for acquisition of 100% of SNT’s shares including its spectrum licenses subject to regulatory approvals to further enhance the mobile and data services it offers to its customers in Tanzania particularly rural areas.