Icasa has begun the process of making more radio frequency spectrum available to operators wanting to provide broadband services.
Author: Duncan McLeod
MTN Group has announced it is appointing the outgoing CEO of Icasa as chief of staff in the office of group CEO Ralph Mupita.
Rain has withdrawn its press release of 11 August in which it announced a plan to approach Telkom’s board about a merger.
Telkom said it has not it had received a proposal from Rain and remains in talks with rival MTN about a possible transaction.
Ignore for a moment that Rain, although growing fast, is a relative pipsqueak next to Telkom. Does a merger make any sense? By Duncan McLeod.
Rain plans to table a proposal to Telkom’s board that it should merge with the wireless broadband provider instead of pursuing a deal with MTN.
The Takeover Regulation Panel has accused Rain of flouting companies regulations in announcing its plan to approach Telkom’s board about a merger.
Major operators have created a new, non-profit association to look after their interests and work with government and regulators.
MTN Group shares rocketed 9% on the JSE on Thursday after it reported a solid performance in its key markets.
MTN South Africa’s network availability was hit by recent load shedding, but the company still managed to lift subscriber growth in the first half.