Vodacom is buying a 26 percent stake in G-Mobile Holdings, a company that owns WiFi and broadband provider WirelessG. In a statement, the leading cellphone operator in South Africa said it considers "WiFi as an ideal complement to its 3G HSDPA mobile broadband services as it provides an alternative means of connectivity." It did not disclose the financial details of the agreement. Early in November, the company revealed that it is in advanced discussions to acquire a 10 percent stake in WBS Holdings, owner of wireless broadband provider iBurst and which holds a license to roll out WiMax long-distance wireless broadband service.
Via [fin24.co.za]