Vodacom, the South African network operator has pledged to 100% of its business based in Nigeria to Synergy Communication. According to Nairametrics reports
Apart from selling its Nigerian Subsidiary, Vodacom has also issued that it is finalizing plans to sell its subsidiary in Zambia and Ivory Coast to Synergy.
The mobile communications Company said in a statement that it seeks to operate as a network provider through local partnerships and that it wants to eliminate the conduct of direct service for global enterprise customers in Nigeria, Zambia, and Ivory Coast markets.
Shameel Joosub, CEO of Vodacom Group said, “Crucially, Vodacom is not exiting any of the territories related to this transaction and remains focused on continuing to deliver exceptional service to our global and multinational clients in these markets through long-term commercial agreements.”
Synergy Communications has been issued to buy the above-mentioned subsidiary as it seeks to boost its objective to be a leading provider of cloud and digitally based services in key markets across sub-Saharan Africa.
Synergy Communications is currently running operations in Countries such as Malawi, Mozambique, and Botswana
“This is an exciting landmark transaction for Synergy Communications, providing us with additional momentum in the delivery of our strategy as a pan-African enterprise digital Services Provider,” Andile Ngcaba, Chairman of Synergy Communications said.
About Vodacom
Vodacom Group Limited (operating as Vodacom) is a South African mobile communications company, providing voice, messaging, data and converged services to over 55 million customers.
From its roots in South Africa, Vodacom has grown its operations to include networks in Tanzania, the Democratic Republic of the Congo, Mozambique, and Lesotho, and provides business services to customers in over 32 African countries, including Nigeria, Zambia, Angola, Kenya, Ghana, Côte d’Ivoire, and Cameroon.
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