BT Group shares advanced as much as 9.5% following a report that India’s Reliance Industries is weighing up a possible offer for the UK’s biggest phone company.
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Icasa has licensed “provisional” spectrum to operators, ahead of an end-of-the-month deadline to do so, in the process resolving the threat of legal action.
Orange will find a successor to its chairman and CEO Stephane Richard after a Paris appeal court convicted him of complicity of misuse of public funds.
MTN Group said on Tuesday that it has secured regulatory approval for a public offer of ordinary shares in its Nigerian subsidiary.
Blue Label Telecoms said it is still locked in talks over a planned recapitalisation of the debt-laden mobile operator.
The regulator is suspending expedited plans, at least temporarily, for licensing a wholesale open-access network.
The Russian missile test that shattered a dead satellite this week highlights a growing threat of space debris.
MTN Group has exited its investment in Yemen. Its departure from the troubled country is line with its strategy to leave the Middle East and focus on its investments in Africa.
Following a “lengthy competitive process”, MTN Group will sell a big chunk of its South African tower portfolio to IHS Towers in a R6.4-billion deal.
Openserve, the wholesale division of Telkom, has announced that it will serve as the landing station partner for Google’s massive Equiano submarine cable system in South Africa.