Vodacom strikes deal with Prasa

VODACOM, Africa’s largest cellphone company by market value, yesterday said it had entered into a R1 billion telecoms deal with the Passenger Rail Agency of SA (Prasa), through its subsidiary Intersite Asset Investments. The 15-year deal will allow Prasa to generate revenue through its fibre assets, as well as on-sell Vodacom’s products and services to the wider enterprise market in South Africa. Prasa has more than 900km of fibre along the railway line and stations. Last week Vodacom won a roughly R5bn contract to supply government employees. – Staff Reporter