The share price of Telkom tumbled on Monday morning while Blue Label Telecoms rose after MTN South Africa and Cell C announced they had signed a massively expanded roaming deal.
Author: Duncan McLeod
Telkom said that it expects that the “parties involved” will have considered the newly announced, much-expanded roaming agreement between Cell C and MTN South Africa “in the context of the discussions with Telkom”.
JSE-listed telecommunications specialist Huge Group said on Monday that it has partnered with MTN South Africa to provide additional GSM voice services to its subsidiary companies.
Cell C’s expanded roaming agreement with MTN South Africa, which was signed at the weekend, “adheres to all applicable legal and regulatory requirements”, the companies said.
MTN South Africa and Cell C have signed a comprehensive new roaming deal, potentially making it more complicated for Telkom to pursue an acquisition of Cell C.
Telkom on Friday informed investors that it is pursuing an acquisition of Cell C. So, why didn’t Telkom just say so in the first place? By Duncan McLeod.
Telkom on Friday confirmed what everyone already knows: that it is pursuing an acquisition of the financially troubled mobile operator Cell C.
Telkom CEO Sipho Maseko said communications regulator Icasa is making a grave mistake in the way it proposes to license access to the 5G-suitable 3.5GHz radio frequency spectrum band.
MultiChoice Group and Dimension Data decided to liquidate Vast Networks, South Africa’s largest public Wi-Fi hotspot provider, after several attempts to sell the business fell through.
Though Telkom continues to invest in fibre-to-the-home broadband, the number of fixed lines in service fell by almost a quarter year on year in the six months to end-September 2019.










