MTN Group is in advanced talks to sell stakes in tower assets in Ghana and Uganda worth as much as R8-billion as Africa’s largest wireless carrier looks to accelerate a broader disposal plan.
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MTN South Africa lost 300 000 customers in the quarter ended 30 September 2019, but still managed to eke out service revenue growth of 0.4%. It ended the period with 28.9 million subscribers.
Finance minister Tito Mboweni has reiterated that government has decided to retain the user-pay principle and e-tolls on the Gauteng Freeway Improvement Project.
National treasury wants to forge ahead with long-stalled plans to sell state assets to shore up the nation’s shaky finances despite opposition from other government departments and labour unions.
Cell C has regularised its payments to MTN South Africa for network roaming and has coughed up almost R750-million between July and September.
Liquid Telecom South Africa said on Thursday that it has built enhancements into its core network that will offer customers “near-unlimited bandwidth capacity”.
Africa Data Centres, a pan-African company that provides data services, has expanded its use of solar power by ordering the installation of a 1.2MW plant at its facility in Nairobi.
Four more directors have quit the board of 4Sight Holdings, though the latest shake-up, which includes the appointment of seven new directors, may finally bring some stability to the troubled company.
Finance minister Tito Mboweni said on Wednesday that government will stop buying cellphones for public representatives and senior managers in the public service.
Long-serving Telkom executive Alphonzo Samuels will retire at the end of March 2020, the company said on Wednesday.