Blue Label Telecoms said it is still locked in talks over a planned recapitalisation of the debt-laden mobile operator.
Author: Duncan McLeod
Duncan McLeod
Duncan McLeod is founder and managing editor of TechCentral. With more than 30 years of experience in technology journalism, he has worked for and contributed to a range of publications, including the Financial Mail, the Sunday Times and the Financial Times.
The regulator is suspending expedited plans, at least temporarily, for licensing a wholesale open-access network.
Following a “lengthy competitive process”, MTN Group will sell a big chunk of its South African tower portfolio to IHS Towers in a R6.4-billion deal.
South African fintech Ozow has raised $48-million in a series-B funding round led by China’s Tencent Holdings.
JSE-listed Woolworths Holdings said almost 15% of its turnover came from online channels in its most recent reporting period.
Vodacom Group will spin off its South African tower portfolio into a separate business and may seek partners for the newly created entity.
Vodacom’s capital expenditure in South Africa jumped by 11.1% year on year, pushing spending on its network to R5.6-billion from R5-billion a year ago.
Telkom, Vodacom and MTN have withdrawn their legal action against the communications regulator over the planned withdrawal of temporarily assigned spectrum at the end of this month.
MultiChoice Group CEO Calvo Mawela confirmed on Thursday that the broadcaster is conducting research into offering smaller channel bundles.
MultiChoice Group, the parent of brands such as DStv and SuperSport, has eked out a 5% improvement in subscribers in a difficult six-month trading period.