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.
Browsing: Telecoms
Icasa is making steady progress in meeting the requirements for holding a long-anticipated spectrum auction next year.
ZTE in South Africa has agreed to pay R5-million in a settlement agreement over “cartel conduct”, the Competition Commission said on Tuesday.
Vodacom Group will spin off its South African tower portfolio into a separate business and may seek partners for the newly created entity.
Vodacom Group may consider a separate listing of its financial services business in South Africa to unlock value.
Telkom burned through close to R1-billion cash in the most recent six months.
When the two richest people in the world are throwing money at the satellite business, it takes a brave billionaire to join the fray.
Vodacom’s capital expenditure in South Africa jumped by 11.1% year on year, pushing spending on its network to R5.6-billion from R5-billion a year ago.
Vodacom Group reported a 5.1% fall in half-year earnings on Monday and declared an interim dividend of R4.20/share, up 1.2%.
Telkom, Vodacom and MTN have withdrawn their legal action against the communications regulator over the planned withdrawal of temporarily assigned spectrum at the end of this month.