MTN’s South African subsidiary increased its profit margin, calculated using earnings before interest, tax, depreciation and amortisation, by 1,3 percentage points to 33,4%, suggesting a solid turnaround in the operation, which has underperformed in recent years
Author: Duncan McLeod
Despite the hellish time it had in Nigeria in the final quarter of its 2015 financial year – facing a fine of US$3,9bn from regulators there – telecommunications group MTN has announced it is hiking its final dividend to R8,30/share, up by 3,8% on 2014’s payout.
The price of DStv’s most popular bouquets will rise by between 8% and 10% on 1 April 2016, with parent MultiChoice blaming the sharp devaluation in the value of the rand over the past 12 months
India’s Tata Communications is putting on a brave face after Vodacom announced on Tuesday that it was walking away from a R7bn deal to acquire Tata’s South African subsidiary Neotel. In a letter to shareholders, Tata Communications
Telkom has sought to play down a report published on Monday that suggested it plans to slash its workforce by more than 40% in the coming months. Bloomberg reported that Telkom wants to cut its workforce to
Icasa met secretly and unlawfully with Vodacom to discuss the operator’s proposed R7bn acquisition of Neotel, leading to a “reasonable suspicion of bias” against the communications regulator, the high court in Pretoria has found. In a damning judgment, handed down on Friday, Judge
We’re back after a lengthy break, and we have a bumper episode lined up for your listening pleasure. Your hosts Duncan McLeod and Regardt van der Berg chat about Net1 UEPS Technologies CEO Serge Belamant’s fake degree, the latest on MTN in Nigeria and government’s
The crowded South African video-on-demand market is getting even more crowded. A new entrant, InterneTV – the brainchild of broadcasting equipment supply industry veteran John
There is mounting concern in the telecommunications industry that the government is planning to award a R750m broadband project to Telkom to connect 5 000 government facilities in rural areas without first going out on a competitive tender. In an interview on Friday
First National Bank will no longer actively develop its application for Windows-powered smartphones, it said on Thursday. It has also pulled the plug on development of its app for











