The amount involved in the deal has not been revealed yet, but it is said to be between R5-billion and R10-billion. Another thing that has come into notice is that AT&T is quite interested in taking over Vodafone.
Experts were of the view that Vodafone has been trying hard to establish itself in Europe and they are getting successful as well in the task. If the deal takes place then Vodafone will not be able to achieve its goal.
Vodafone owns 65% of Vodacom, which will also be a massive deal. Speculations have already started, as per which, Orange is considered to be the most likely bidder for Vodacom. It has been said so as Vodacom's operations are well established in Botswana, Tanzania, Mozambique and South Africa.
But when asked from Orange, they have affirmed that no discussion of such sort has taken place. Sebastien Crozier, CEO of Orange subsidiary Orange Horizons, has affirmed that a number of things depend on Vodacom's deal with Neotal.
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