Telkom fell through R30/share on Thursday as the six-month-long slide in its share price – which has now wiped out more than 70% of its market value – continues.
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Brazil will not accept any pressure from the US over whether to allow the Chinese company Huawei to bid for its 5G network, said Marcos Pontes, the minister for communications.
Orange, France’s biggest phone company, has picked BNP Paribas and Morgan Stanley to advise on a proposed initial public offering of its Middle East and Africa business, sources say.
How Huawei survived the US blacklisting could prove a case study in unintended consequences and a vast shift underway in global IT production.
SpaceX has launched 60 more mini Internet satellites, this time testing a dark coating to appease stargazers.
MTN Group said on Thursday that it is selling its 49% stake in the Ghana and Uganda Tower Company to a subsidiary of American Tower Corporation for about R7.3-billion.
MTN Group said on Monday that it is facing a lawsuit over alleged contravention of the US Anti-Terrorism Act in Afghanistan where it is accused of paying protection money to the Taliban.
MTN has opted over the years to enter parts of the world seen as too risky by many other carriers. That’s left it vulnerable to legal entanglements, unpredictable politics and regulatory crackdowns.
Exclusive | Vodacom and Liquid Telecom have signed an agreement which will, in effect, give the country’s biggest mobile operator access to a key spectrum band, allowing it to deploy 5G services nationally.
Apple has a secret team working on satellites and related wireless technology, striving to find new ways to beam data such as Internet connectivity directly to its devices, according to people familiar with the work.