A big restructuring at Cell C, which would see the company’s debt reduced by more than half, to less than R8bn, may soon result in it receiving a ratings upgrade from Standard & Poor’s. In a note published on Tuesday, the ratings agency said it has placed
Author: Duncan McLeod
In the last TalkCentral of 2015, your hosts Duncan McLeod and Regardt van der Berg chat about MTN’s decision to appeal to the Nigerian courts to have its record-setting fine reduced. Also this week, they discuss the news that Vodacom must withdraw
A complaint five years ago by Vodacom against rival Cell C has come back to haunt it. The Advertising Standard Authority of South Africa on Friday found in favour of Cell C in a new complaint, and has ordered that Vodacom stop advertising its network as “4G” on its billboards
South Africa’s MTN Group has secured two important licences in West Africa, one in Ghana and the other in Côte d’Ivoire, at a combined cost of R3,5bn.
The group said it has secured a 15-year 4G/LTE licence in the 800MHz “digital dividend” spectrum band in Ghana for a purchase
Independent Communications Authority of South Africa (Icasa) councillor Nomvuyiso Batyi is set to be appointed as the new chair of the telecommunications and broadcasting regulator’s council, TechCentral has learnt from two separate sources. However, it is understood
A super-fast new subsea telecommunications cable, offering access between South Africa, the Middle East and Europe at speeds until now unheard of in the region, is to be built in the next two years. Liquid Telecom said on Monday that a newly created and wholly owned subsidiary, Liquid Sea
South African-headquartered telecommunications group MTN has announced it is joining forces with Spain’s Telefónica Group, one of the world’s biggest telecoms operators, to focus on growth areas such as enterprise business and machine-to-machine communications
Cell C intends listing on the JSE within the next few years to unlock value for shareholders and staff. This comes in the wake of news this week that Blue Label Telecoms has tabled an offer to acquire a 35% stake in South Africa’s third mobile operator for R4bn
Vodacom acquisition target Neotel must table a roaming offer to all mobile operators interested in access to its spectrum before the two parties return to the Competition Commission to seek approval of the newly restructured deal. This follows a pre-hearing meeting at the
Blue Label Telecoms is acquiring 35% of Cell C, injecting R4bn in new capital as part of a major restructuring of the telecommunications operator that will lead to current controlling shareholder