Analysts Estimate Vodacom Payout To Makate Under 1 Of Annual Revenue

4 Hour(s) Ago    👁 50
analysts estimate vodacom payout to makate under 1 of annual revenue

Analysts have estimated that the out-of-court settlement between Vodacom and Please Call Me originator Nkosana Makate is likely to be less than 1 of the groups annual revenue.

The mobile operator announced on Wednesday that the matter had been settled after 18 years of litigation .

While Vodacom has not disclosed how much it is paying Makate, the company says it has been accounted for in its interim results due on Monday.

Disclaimer: We are a news aggregator. See full disclaimer here.