Friday
April 19
2024

Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans

By Osamu Ekhator

In its public announcement, Vodacom reiterated that the acquisition is a strategic move to strengthen its network infrastructure and provide satisfactory customer service. The deal is expected to improve Vodacom’s mobile coverage and capacity.

The agreement grants Vodacom access to Smile’s 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.

Photo courtesy of Colin Charles.

Source: Techpoint Africa (link opens in a new window)

Categories
Technology, Telecommunications
Tags
fintech, mobile finance