Telkom warned on Monday that its full-year headline earnings per share will fall by as much as 70% as a collapsing fixed-voice business, fallout from the Covid-19 pandemic and costs associated with job cuts hit hard.
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Stephane Richard, the CEO of French telecommunications giant Orange, wants to step up its presence in Africa and is mulling an entry into South Africa.
Rain expects to accelerate the installation of 5G towers to 1 500 in larger metropolitan areas in South Africa by December 2021, African Rainbow Capital Investments said on Friday.
Vox-owned fibre-to-the-home infrastructure provider Frogfoot Networks said on Friday that it will extend free line speed upgrades, introduced during South Africa’s lockdown, indefinitely.
The Chinese Beidou navigation network will be completed this month when its final satellite goes into orbit, giving China greater independence from US-owned GPS.
Helios Towers plans to use about $450-million in newly raised funds to expand into African countries, reviving an expansion plan that was put on hold by the Covid-19 pandemic.
Promoted | Dark Fibre Africa executive for strategy, mergers & acquisitions Vino Govender joins the TechCentral podcast for a discussion on how Covid-19 and the lockdown in South Africa have affected both DFA and the telecommunications industry more broadly.
The mobile industry’s trade body is cutting about a fifth of its workforce after being forced to cancel a conference that generated most of its revenue, according to a person familiar with the plan.
Vodafone has warned that Britain’s desire to lead the world in 5G technology will face a big blow if it decides to remove Huawei Technologies from the country’s telecoms infrastructure.
MTN Group shares fell slightly on Monday after reports emerged that it was facing further claims in a US court that it paid protection money to terrorist groups in Afghanistan.