Shifting geopolitics and a sharp round of cost cutting have put Nokia firmly back in the global 5G roll-out race just a year after CEO Pekka Lundmark took the reins at the Finnish company.
Browsing: Telecoms
Sipho Maseko, who announced last week that he will step down as Telkom CEO next year, saved the company from impending ruin. That might sound like an overstatement; it’s not. By Duncan McLeod.
Sipho Maseko is stepping down as CEO of the partially state-owned telecommunications group Telkom after nine years in the job. He will depart on 30 June 2022.
Vodacom Group reported a strong 9% advance in revenue in the first quarter of its 2022 financial year, reaching R24.8-billion. If it hadn’t been for rand strength, the figure would have been 14.2%.
Russia managed to disconnect from the global Internet during tests in June and July, the RBC daily reported on Thursday, citing documents from the working group tasked with improving Russia’s Internet security.
MTN is working to expand its 5G coverage, despite uncertainty about the allocation of new spectrum, and has deployed 5G towers in Polokwane and Emalahleni, with more towns to follow.
South Africa’s mobile operators, including Vodacom, MTN and Rain, are set to face a big challenge to their business models from an unexpected quarter: fixed-line broadband. By Duncan McLeod.
CIVH, the Remgro-controlled company that owns Dark Fibre Africa and Vumatel, is now worth more than Telkom, the company that once enjoyed an absolute monopoly over telecommunications in South Africa.
Remgro said on Monday that it is participating in a the second tranche of a rights offer by CIVH, the parent of fibre telecommunications companies Vumatel and Dark Fibre Africa, aimed at reducing debt.
Nigeria expects to start auctioning spectrum for next generation 5G network in the fourth quarter of this year, the head of the country’s communications commission said.