Times Media Group has acquired a controlling 60% stake in a KwaZulu-Natal based radio station called Vuma FM. The acquisition comes just a month after it snapped up 65% of Mpumalanga station Mpower FM. The deal is worth R25,6m and Times Media has agreed to provide additional working capital to Vuma
Author: Duncan McLeod
JSE-listed telecommunications operator MTN has named Michael Fleisher to the position of group chief legal counsel, effective 1 February. Described by the group as a “seasoned legal professional”, Fleisher’s appointment is likely to raise a few eyebrows. As Finweek points
T-Systems, a unit of German telecommunications operator Deutsche Telekom, has acquired 100% of South African enterprise information management business Intervate, which employs over 100 people in Gauteng and the Western Cape. The parties
MTN has taken issue with the final call termination regulations announced by telecommunications regulator Icasa on Wednesday, saying the proposed “asymmetry” that benefits smaller operators is “unsubstantiated”. Under the regulations, smaller operators
The Independent Communications Authority of South Africa (Icasa) has dealt a blow to telecommunications operators in South Africa that have more than 20% retail market share, introducing aggressive asymmetry that favours smaller operators
Communications minister Yunus Carrim says mobile operators should accept the Independent Communications Authority of South Africa’s (Icasa’s) move to chop wholesale inter-network call rates and the introduction of a regime that favours smaller operators. Icasa on Wednesday
Cell C CEO Alan Knott-Craig is set to make a full recovery and is “progressing well” after suffering a stroke in mid-November. That’s according to the mobile operator’s acting CEO, Jose Dos Santos, who says Knott-Craig is walking again after the health scare
Cell C, the big winner in Tuesday’s publication by telecommunications regulator Icasa of wholesale inter-network call rates for the coming four years, has lauded the authority’s decision to introduce aggressive “asymmetry” that favours it and other smaller
Though he’s mostly been out of the headlines in recent years, Primedia founder William Kirsh didn’t disappear into early retirement when he resigned in September 2009 as CEO of the media empire he led and helped build. Rather, he’s been hard at work creating a new business – with his father
The way South Africa’s telecommunications and broadcasting regulator, the Independent Communications Authority of South Africa, is structured and funded could be overhauled as part of a review of the country’s information and communications