Author: Duncan McLeod

Relations between Cell C and its soon-to-be-former client Huge Group have reached rock bottom, with the former claiming it’s owed R60-million by the latter and the latter saying it’s actually the one that’s owed money “morally”.

Icasa will issue two invitations to apply to participate in the spectrum auction and licensing process by no longer than the end of September, the communications regulator said in a statement on Thursday.

Telkom on Thursday rubbished market talk that it plans to do a right issue to fund its participation in the upcoming spectrum auction to be led by communications regulator Icasa.

Vumacam has slammed a decision by the Johannesburg Roads Agency to appeal a high court judgment that its decision to stop issuing wayleaves to the company earlier this year was unlawful.

MTN Group chief financial officer Ralph Mupita took the reins from former CEO Rob Shuter on Tuesday, paving the way for a new era at Africa’s largest telecommunications group by subscribers.

President Cyril Ramaphosa approved a small salary increment for councillors at communications regulator Icasa. The new remuneration levels are retrospective with effect from 1 April 2019.

Ten years after it launched its first mobile offering in the form of 8ta, Telkom has surpassed Cell C to become South Africa’s third largest mobile operator by subscriber numbers.

The JSE has publicly censured Ayo Technology Solutions and imposed a R6.5-million fine on the controversial technology group after it published a series of “false and misleading” financial statements.

Communications minister Stella Ndabeni-Abrahams has relented in her fight with parliament over Icasa and has appointed a sixth councillor, Kgosie Matthews, to the communications regulator.

Cell C’s largest shareholder, Blue Label Telecoms, is confident a recapitalisation of the mobile operator will be completed in the coming months and that this will put it on a new growth trajectory.