Cell C shareholder Oger Telecom has rejected a R14bn offer from Telkom to acquire its 75% controlling stake in South Africa’s third mobile telecommunications provider, Bloomberg reported on Thursday. Quoting a “person familiar
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JSE-listed alternative telecommunications provider Huge Group has signed a memorandum of agreement in terms of which it intends acquiring 100% of specialist ICT company Centracom for R81,6m. Most (90%) of the proposed acquisition will be settled through
MTN’s group CEO, Sifiso Dabengwa, is in Nigeria to negotiate with authorities in the West African country as the JSE-listed telecommunications provider looks to head off a damaging US$5,2bn (R72bn) fine. In a statement to shareholders on
Ratings agency Standard & Poor’s (S&P) has downgraded MTN’s credit rating and put the mobile network on a watch negative amid a US$5,2bn fine in Nigeria. S&P said on Thursday that it’s lowering its ratings on MTN from “BBB” and “zaAA+” to “BBB-“
The Nigerian Communications Commission (NCC) shows no sign of backing down over a record-setting US$5,2bn (R72bn) fine against the local subsidiary of South African-headquartered mobile phone group MTN. According to a report by
Political parties have declared war on cable thieves by supporting the Criminal Matters Amendment Bill in parliament on Thursday. The bill was debated in the national assembly
The City of Tshwane’s free Wi-Fi programme hit a milestone of a million unique devices on Wednesday. The free Wi-Fi roll-out programme is part of the metro’s eKaelo strategy to boost engagement and government response with citizens. “It’s just a number, but it’s a
The South African Post Office said its Gauteng outlets remain open on Thursday morning despite a planned strike. Up to 4 000 workers are set to march in Johannesburg’s city centre on Thursday to protest against alleged maladministration and salary payment
Telecommunications group MTN will review its senior management team in Nigeria after a regulator there imposed a record-setting US$5,2bn (R71bn) fine on the subsidiary company for allegedly failing to deactivate as many as 5,1m Sim cards before a deadline to do so
The South African Post Office has won an urgent court interdict to halt planned strike action on Thursday. On Wednesday, the Communication Workers Union at a media