Vodacom prepares for more home workers

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Vodacom prepares for more home workers

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Published Date: 2020-03-18 | Source: Stephen Gunnion | Author: Stephen Gunnion

Vodacom prepares for more home workers

The network is ensuring that it has enough network capacity to enable people and businesses to seamlessly work from home.

Vodacom says it hasn't experienced any significant supply disruptions as a result of the spread of the Covid-19 virus. However due to the fluidity of the situation, it says it isn't possible to quantify with certainty the future impact the pandemic could have on its business, both operationally and financially.

The network operator said it was monitoring the situation and proactively dealing with the related challenges and had well developed business continuity plans in place for dealing with such events. These included co-ordinated regional and international incident management, response strategies and the increased ability for its employees to work remotely without disruption. It was also ensuring that it had sufficient network capacity to enable people and businesses to work from home as South Africa, and its other operations in Africa, were very dependent on mobile services due to limited fixed line connectivity. It had also made various digital offerings available to assist enterprise clients. It said its day-to-day operations would continue and should not be affected.

In its annual results last week, MTN said while there was potential for Covid-19 to affect its supply chain, it didn't anticipate a material impact on its near-term network rollout plans unless the situation worsened. It said it continued to monitor developments and was developing contingency plans to mitigate any impact.

Vodacom's shares rallied 15% to R114.30 yesterday. MTN fell 6.4% to R44.63.





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