Vodacom traded at 16,100.00 this Monday August 3rd, increasing 96.00 or 0.60 percent since the previous trading session. Looking back, over the last four weeks, Vodacom gained 5.36 percent. Over the last 12 months, its price rose by 17.38 percent. Looking ahead, we forecast Vodacom to be priced at 15,499.87 by the end of this quarter and at 14,080.79 in one year, according to Trading Economics global macro models projections and analysts expectations.
Vodacom Group Limited is an investment holding company. The Company is a mobile communication company engaged in the provision of a range of communications products and services, including voice, messaging, converged services, broadband and data connectivity. The Company's segments include South Africa, International and Corporate. The South Africa segment comprises the information relating to the South African-based cellular network, service provider and other business segments. The International segment comprises the information relating to the non-South African-based cellular networks in Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo, as well as the operations of Vodacom International Limited and Vodacom Business Africa (VBA). The Company offers business managed services through VBA. The Company offers its services to over 61 million customers. The Company is ultimately controlled by Vodafone Group Plc.