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Vodacom was aided by its optimistic advertisements at the early stages of the democratic South Africa, including the yebo gogo campaign which is still in effect today in Africa. Vodacom is the leading cellular network in South Africa with a market share of over 40% and more than 45 million users. [7]
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Vodacom Tanzania has its executive headquarters on the 15th Floor of the Vodacom Towers at 23 Ursino Estate, along Old Bagamoyo Road, in Dar es Salaam, the financial capital of Tanzania. [6] The geographical coordinates of the company headquarters are: 06°46'41.0"S, 39°15'37.0"E (Latitude:-6.778056; Longitude:39.260278).
In 1994, South Africa launched a mobile operations, underwritten by Telkom in partnership with Vodafone, with 36,000 active customer on the network. [17] This subsidiary grew to be Vodacom, [18] which Telkom sold in late 2008 in preference for its own 3G network. [19]
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Vodafone and Telkom then had a 50% stake each in Vodacom. Vodafone now owns 57.5% of Vodacom after purchasing a 15% stake from Telkom. [69] On 9 October 2008, the company offered to acquire an additional 15% stake in Vodacom Group from Telkom. The finalised details of the agreement were announced on 6 November 2008.