Author: Duncan McLeod

JSE-listed Woolworths Holdings said almost 15% of its turnover came from online channels in its most recent reporting period.

Vodacom Group will spin off its South African tower portfolio into a separate business and may seek partners for the newly created entity.

Vodacom’s capital expenditure in South Africa jumped by 11.1% year on year, pushing spending on its network to R5.6-billion from R5-billion a year ago.

Telkom, Vodacom and MTN have withdrawn their legal action against the communications regulator over the planned withdrawal of temporarily assigned spectrum at the end of this month.

MultiChoice Group CEO Calvo Mawela confirmed on Thursday that the broadcaster is conducting research into offering smaller channel bundles.

MultiChoice Group, the parent of brands such as DStv and SuperSport, has eked out a 5% improvement in subscribers in a difficult six-month trading period.

Following a meeting with the CEOs of six of South Africa’s telecommunications infrastructure operators on Monday, Icasa is moving to license access to “provisional spectrum”.

Vodacom Group will acquire a co-controlling interest, along with Remgro and New GX Capital, in a new entity made up of assets including Vumatel and Dark Fibre Africa.

Econet Group, the company founded by Zimbabwean tycoon Strive Masiyiwa, has announced the creation of a new entity that will hold many of the group’s assets.

Vodacom Group is entering North Africa for the first time, announcing on Wednesday that it will acquire Vodafone Egypt from parent Vodafone Group for R41-billion.