Vodafone Wireless Innovation Project - award for social innovation in wireless

About the Wireless Innovation Project™

The Vodafone Americas Foundation™ designed the Wireless Innovation Project™ as a competition to promote innovation and increase implementation of wireless related technology for a better world. To that end, Vodafone Americas Foundation’s Wireless Innovation Project™ is providing up to $600,000 in awards to support projects of exceptional promise that meet the criteria described in the Eligibility Criteria section. After successful completion of the Project last year, we are excited to launch the second Vodafone Wireless Innovation Project™. We will be accepting proposals from October 5, 2009 through February 1, 2010.

WSJ has an article about investors flocking to Africa to acquire Telecoms.

Telecom Players Focus on Africa

Deal-Making Flurry
Shows the Desire
To Tap Into Growth

By ROBB M. STEWART
June 5, 2008; Page B5

JOHANNESBURG, South Africa -- Amid a global scramble for new subscribers, telecommunications operators and investors are taking a sudden shine to a place with lots of potential customers: Africa.

In the latest show of interest, private-equity firms Apax Partners Worldwide LLP, Madison Dearborn Partners LLC and TA Associates Inc. agreed to buy a €1.1 billion ($1.7 billion) stake in Weather Investments, a holding company owned by Egyptian billionaire Naguib Sawiris. Among other assets, Weather holds a controlling stake in Orascom Telecom Holding SAE, one of the biggest telecom outfits in subscriber terms in Africa and the Middle East.

That continued a flurry of deal-making. On Monday, news broke that South African businessman Tokyo Sexwale is leading a consortium, including U.S. hedge fund Och-Ziff Capital Management LLC, exploring an acquisition of Telkom SA Ltd., the continent's largest fixed-line operator in terms of subscribers and revenue. The same day, Vodafone Group PLC, the world's largest mobile operator in revenue terms, said it wanted to boost its stake in a joint mobile-phone venture with Telkom. Last month, an Indian suitor walked away from merger talks with Africa's largest mobile carrier, MTN Group Ltd., only to be replaced by another Indian company.

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