Telkom CEO Sipho Maseko said on Tuesday that the company has briefed its lawyers to “consider and advise” on its available options given its deep unhappiness with Icasa’s invitation to apply for broadband spectrum.
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Huge Group subsidiary Huge Cellular has asked former partner Cell C to give it more time to migrate the remaining 15% of customers it hasn’t yet ported to MTN South Africa’s network. Cell C said it won’t get it.
Virgin Mobile, the first virtual mobile network operator to be launched in South Africa, has been placed into voluntary business rescue.
Airtel Africa plans to sell about 4 500 telecommunication towers across five countries including Tanzania and Madagascar to help reduce $3.5-billion of debt and prepare for looming bond repayments.
JSE-listed telecommunications operator Telkom said on Tuesday that it expects headline earnings per share to rise by as much as a quarter in the six months to 30 September 2020, sending its shares leaping higher.
MTN South Africa appears eager to accelerate the return on investment in network infrastructure by attempting to grab market share from its competitors.
MTN South Africa delivered strong subscriber growth in the third quarter of 2020, propelled higher by an advance in prepaid users. This, coupled with surging demand for data, helped lift revenue and margins.
After years of toying with the idea of launching a mobile virtual network operator (MVNO) platform offering, MTN South Africa has finally pulled the trigger on it.
MTN Nigeria on Wednesday reported a sharp rise in subscriber numbers in the third quarter – up 3.9 million from the second quarter to reach 75 million – while active data subscribers climbed by 1.7 million.
Liquid Telecom has raised $307-million through a rights issue to fund a rapid expansion of its data centre business across Africa.