Author: Loni Prinsloo

[dropcap]T[/dropcap]urkcell’s claim for US$4,2bn of damages against MTN Group will go to trial in the high court in Johannesburg, five years after the case was first brought in relation to the awarding of an Iranian licence in 2005. Turkcell alleges

Naspers is considering the sale of its pay-television business in Africa as sluggish economic expansion in key markets stifles growth and viewers switch to cheaper online alternatives, according to two people familiar with the matter

MTN Group’s former video-on-demand provider, Discover Digital, is starting a new South African online TV service with lender Investec, just days after its partnership with Africa’s biggest wireless operator was cancelled. The closely

Remgro is in talks to sell broadband provider Dark Fibre Africa to Internet Solutions (IS), according to three people familiar with the matter. Remgro, which owns 51,9% of the business, and investment partner

Facebook has increased its number of African users to 170m and plans to expand further by adding Wi-Fi hotspots and fibre-optic cables, in a bid to spread its reach outside of developed markets. The figure is

MTN Group awarded executive chairman Phuthuma Nhleko R72,2m in pay and bonuses last year after he negotiated a reduced fine with Nigerian regulators and shook up senior management. Nhleko, 56, was paid a R30m

Telkom plans to break out its telecommunications towers and real estate assets into a separate unit that may then be listed on a stock market, according to two people familiar with the matter. The new entity would be run by a new, property-focused

Google is scaling up investment in Africa by laying fibre-optic cable, easing access to cheaper Android phones and training a workforce in digital skills as the US technology giant seeks to expand on the continent. “We laid about 1 000km of fibre in Uganda and we are busy

Telkom is considering a bid of as much as R13bn for Cell C, which has missed debt payments and is trying to complete a recapitalisation, according to three people familiar with matter. Investment banks are also approaching other potential

MTN Group will look for new ways to bring banking services to its customers’ mobile phones in South Africa after severing ties with Australian-owned partner Tyme. Africa’s biggest mobile phone operator scrapped the