Telkom’s financial results for the six months to end-September are a mixed bag. Headlines are focused on a fixed-line business under immense pressure, and a mobile one that is doing extraordinarily well.
MTN Group is close to agreeing an $800-million settlement with Nigerian authorities over a claim it illegally transferred $8.1-billion funds out of the country, according to a person familiar with the situation.
Bitcoin has tumbled below $6 000 for the first time since August and reached the lowest level in over a year, breaking the recent stretch of tranquility.
South Africa’s MTN Group and France’s Orange announced this week that they will bring “smart feature phones” to Africa costing as little as US$20. The phones will run an operating system called KaiOS – but what is that?
The SABC board and senior executives have told MPs that they have begun a process to consult labour unions over its intention to retrench permanent staffers and freelancers.
Telkom could switch off its 2G network in the next 12 months as the number of legacy handsets on its mobile infrastructure dwindles.
Telkom has grown its mobile subscriber base by a stunning 50% in the past year as its aggressively priced, data-led FreeMe plans gain traction among consumers.
MTN Group is making “great progress” with Nigerian authorities in talks about US$10.1-billion in claims, encouraging Africa’s largest wireless carrier that it can settle the long-running dispute out of court.
Telkom Group CEO Sipho Maseko has warned that data prices might not come down if South Africa chooses an auction as the model for licensing so-called “high-demand” spectrum.
Two years after pulling the plug on its Mobile Money service in South Africa, MTN Group plans to relaunch the service in South Africa, according to sources close to the matter.