Telkom is introducing new versions of its popular data-led FreeMe contract and prepaid mobile plans with effect from Friday. Unfortunately for consumers, the new plans offer less value than before.
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Vodacom has yet to launch its commercial 5G network – based on a recently signed national roaming agreement with Liquid Telecom – but TechCentral this week was able to put it through its paces.
African Rainbow Capital Investments has attached a remarkable R13.1-billion valuation to Rain, giving it a value 40% above Telkom’s current market capitalisation.
Communications regulator Icasa is “engaging the sector on possible ways of radio frequency spectrum relief” during the national state of disaster declared by President Cyril Ramaphosa.
MTN Group said its Iranian business is still able to achieve strong sales growth in the short term, even as the unit battles to overcome ongoing US sanctions and the rapid spread of the coronavirus.
The contribution to Remgro’s headline earnings from CIVH – the parent company of Vumatel and Dark Fibre Africa – amounted to a loss of R197-million in the six months ended 31 December 2019.
South Africa’s fifth mobile operator, Rain, is upping the ante with its bigger rivals, offering uncapped 4G/LTE Internet access for R479/month.
Telkom said on Monday that it is zero-rating dozens of educational websites as well as sites that provide information that can help South Africans contain the spread of the novel coronavirus.
Telkom warned shareholders on Friday that R1.5-billion in restructuring costs will hit its earnings in the financial year to end-March as it moves to get rid of as many as 3 000 employees in the first phase of a restructuring process.
Rob Shuter’s announcement that he will not seek to extend his contract as MTN Group CEO a year before it ends will allow the board enough time to pick a suitable candidate.