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Vodacom strikes deal with Prasa

Johannesburg - 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.

Picture: Waldo Swiegers. Credit: BLOOMBERG

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.

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