Vodacom paid R200 million for a trademark that cost R30,000

• Vodacom paid R200 million for a trademark that cost R30,000, a significant overvaluation. The trademark in question was registered in several countries, including the US, Canada, Hong Kong, and South Africa, at a total cost of R25,000. The valuation of IoT.nxt's trademark and the initial R1.028 billion acquisition price have been questioned by experts, who attribute the high price to hype around the Internet of Things.
• The trademark in question was registered in several countries, including the US, Canada, Hong Kong, and South Africa, at a total cost of R25,000.
• The valuation of IoT.nxt's trademark and the initial R1.028 billion acquisition price have been questioned by experts, who attribute the high price to hype around the Internet of Things.