Ethiopia has awarded a new telecommunications licence to a consortium including South Africa’s Vodacom Group, paving the way for a long-awaited opening of the sector.
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Has communications regulator Icasa just snatched away prime 5G spectrum from under the noses of South Africa’s big mobile operators?
Altron has won a long-running legal battle over the validity of a broadband tender for the City of Tshwane, with the constitutional court upholding a previous judgment of the supreme court of appeal.
A Vodafone Group consortium and MTN Group submitted bids for permits to operate in Ethiopia that were much less than what was sought by the government, people with knowledge of the matter said.
The digital dividend will be released to telecommunications operators on a province-by-province basis, communications minister Stella Ndabeni-Abrahams said in parliament.
Vodacom spent more than R10-billion on its network in South Africa in the financial year to 31 March, outpacing rival MTN, as it ramped up investment to deal with soaring demand.
Investors pushed Telkom’s share price more than 5% higher on Tuesday morning after the telecoms operator said it would report a bounce in full-year headline earnings.
Vodacom Group is expanding its financial and e-commerce services in South Africa through a partnership with AliPay, seeking to accelerate growth in a market hampered by a lack of new broadband spectrum.
Vodacom Group upgraded its medium-term operating growth target to mid-to-high-single digit on Tuesday after reporting a 3.7% jump in full-year earnings.
MTN South Africa has cut the effective price of prepaid data and voice calls with amendments to its EverydayGigs plan and by introducing a new plan called EverydayTalk.