MTN Group’s sale of its Cyprus unit is just the start of a broader exit from small or problematic markets, with the Liberian unit leading a number of West African divisions being considered for disposal, according to sources.
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South Africa may need far fewer government-subsidised set-top boxes for its digital terrestrial television migration project than originally planned, according to Aldred Dreyer, who heads the project management office.
Mobile industry association the GSMA has warned that high spectrum licence fees are choking economic growth in developing countries.
Liquid Telecom has appointed Ahmad Mokhles as group chief operating officer, a new position within the pan-African telecommunications group.
Cryptocurrencies extended their rebound on Wednesday as bitcoin traded above $7 500 for the first time in a month, shrugging off security and regulatory concerns that have plagued the digital currency.
Entrepreneur Thabo Molefe – better known as Tbo Touch – will launch a video-on-demand streaming platform later this year called THD. The platform will showcase original South African – and African
Netflix stunned Wall Street by attracting fewer subscribers than expected last quarter, renewing concerns that the video-streaming service has become an investment bubble. The shares plunged as much as 15%.
MTN Group has sold 100% of its subsidiary in Cyprus for R4.1-billion. The Johannesburg-listed emerging-markets telecommunications group said on Monday before markets opened that it had sold the business
Bitcoin is headed for its biggest increase in two weeks on Monday amid a steady drip of news reports suggesting some of the biggest names in investing are starting to embrace digital currencies.
Just three months after introducing a low-cost, 1GB WhatsApp data bundle costing only R10, MTN South Africa has hiked the price – for many users, at least – by 200%. Introduced in April, MTN said the price increase had