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M-PESA (M for mobile, pesa is Swahili for money) is a mobile phone-based money transfer, financing and micro financing service, launched in 2007 by Vodafone for Safaricom and Vodacom. M-PESA was originally designed as a system to allow microfinance-loan repayments to be made by phone, reducing the costs associated with handling cash.
Country Operator ƒ (MHz) B VoLTE Launch date Cat.3 ≤ 100 Mbit/s Launch date Cat.4 ≤ 150 Mbit/s Launch date Cat.6 ≤ 300 Mbit/s Launch date Cat.9 ≤ 450 Mbit/s
Vodacom South Africa provides 3G, 4G, and UMTS networks in South Africa, and also offers HSPA+ (21.1 Mbit/s), HSUPA (42 Mbit/s, 2100 MHz), Wi-Fi, WiMAX, and LTE services. Vodacom was the first cellular provider to introduce LTE in South Africa. [12] On 21 October 2015, Vodacom launched its fibre product to the home user. [13]
A 100/50 Mbit/s plan will cost R900 to R1050 (US$60.89 to $71.04) depending on providers available in area and size of data package. [36] An unlimited 1 Gbit/s/1 Gbit/s plan will cost around R1700 ($115.02) so prices are still somewhat expensive when compared to other countries with FTTH but prices have been continually falling throughout the ...
The actual cost is a fixed amount for a given range of transaction sizes; for example Safaricom charges up to KSh66 (US$0.6) for a transaction to an unregistered user for transactions between KSh10 and KSh500 (US$0.92–US$4.56). For registered users the charge is KSh27 (US$0.25) or 5.4% to 27% for the same amount.
As of December 2020, Vodacom Tanzania had over 15.6 million customers and was the largest wireless telecommunications network in Tanzania. [4] Vodacom Tanzania is the second telecom company in Africa , after Vodacom , to switch on its 3G High-Speed Downlink Packet Access (HSDPA) which was available only in Dar Es Salaam in early 2007.
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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.