Yolanda Cuba is staying put at Vodacom and will return to her old position, the mobile phone operator owned by Vodafone said.
In a response to an article published by TechFinancials on Tuesday stating that Cuba might be on the move again, Vodacom said she will return to Vodacom Group. For more read: Is Vodacom’s Yolanda Cuba On The Move Again?
“Following her successful role as CEO of Vodafone Ghana, Yolanda Cuba will return to Vodacom Group as Chief Officer: Strategy, Mergers & Acquisitions & Business Development, reporting to Vodacom Group CEO Shameel Joosub.,” said a Vodacom spokesperson.
Cuba has been in Ghana since 2016 where she has led the acquisition of 4G spectrum, launched fibre to the home, and maintained Ghana’s position as the number two mobile operator after the merger of two other operators in the market, said Vodacom.
The company added that she has also driven data growth by 30% and value-added services by over 50%, as well as championing a purpose-led organisation culture through ‘igniting Ghana’s digital revolution’ agenda.
TechFinancials reported on Tuesday that after a successful three-year tenure in Ghana as CEO for Vodafone, Cuba returned to the country. Her return was kept under wraps by Vodacom and its parent company Vodafone. There was no announcement made by the company except Vodafone Ghana, which announced her replacement, Patricia Obo-Nai, a Ghanaian.
TechFinancials speculated that Dark Fibre Africa (DFA) will be a rational place for Cuba to join if she has been snubbed by Vodacom and Vodafone.
DFA, which is 54% owned by Remgro, is chaired by former Vodacom CEO Pieter Uys and is an open-access fibre telecommunications specialist. There is a need for transformation at this fast-growing company that is disrupting the broadband market.