Research

• Global EM Telcos & Towers – Still rising – NSR GEM Top-10 May ‘25 Update

  May 1, 2025  —  Chris Hoare
• South African Telcos - Continuous (modest) improvements; CY24 H2 review

  April 28, 2025  —  Chris Hoare
• Vodafone: Vodacom upside undervalued

  April 25, 2025  —  James Ratzer
• Sub-Saharan African Telecoms - Vodacom price target to ZAR180;  Q4 24 review

  April 25, 2025  —  Chris Hoare
• Global EM Telcos – A Consistent Approach to EFCF and Shareholder Remuneration

  April 10, 2025  —  Chris Hoare

Events