Liquid Telecom, the pan-African telecommunications operator, has reported solid full-year results, underpinned by good performances in South Africa and East Africa.
Browsing: Telecoms
The United Nations is partnering with MTN, Vodacom, Orange and Airtel on a mobile data platform that delivers coronavirus-related information around Africa.
With rumours swirling about potential consolidation in the months ahead, Telkom CEO Sipho Maseko said his company is ready for a wave of mergers and acquisitions – should they happen.
Telkom is looking at ways to generate more value from its mobile tower business, including a potential sale or spin-off, CEO Sipho Maseko said.
Telkom has suspended its dividend policy for the next three years as it seeks to build its cash position ahead of a planned auction of radio frequency spectrum in South Africa.
The numbers are not that surprising, given that Telkom has said it is decommissioning its copper network countrywide. But the group’s 2020 fixed-line performance still makes for sobering reading.
Cell C has begun a consultation process under the Labour Relations Act that is likely to result in 960 employees – or almost 40% of the company’s workforce – being retrenched.
Liquid Telecom South Africa chief operating officer Craig van Rooyen will serve as interim CEO of the company until a replacement for Reshaad Sha has been appointed, the company said on Friday.
Reshaad Sha is leaving Liquid Telecom Group, where he has served as CEO of the South African subsidiary since 2018, to start his own venture in the field of artificial intelligence.
Why does the narrative remain that some “duopoly” between Vodacom and MTN is the source of South Africa’s relatively high data prices? It’s not true. By Martin van Staden.