MTN Group will push on with a plan to reduce its majority stake in its Nigerian business, though turmoil caused by the coronavirus may require the sale to be done in smaller chunks than anticipated.
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Huawei rotating chairman Eric Xu said he’s aware of the potential for the US to tighten restrictions on the company. China wouldn’t tolerate such action and it would irrevocably damage the global supply chain.
MTN Group CEO Rob Shuter was paid R58.2-million in the 2019 financial year, a 35.7% increase on his total remuneration for 2018, but even these generous rewards were not enough to keep him.
A cable ship has been sent to fix the break in the West African Cable System off the coast of England. Repairs are expected to be completed on Saturday, 4 April.
The Independent Communications Authority of South Africa will extend the validity of existing radio frequency spectrum licences due to South Africa’s Covid-19 lockdown.
Telecommunications operators and Internet service providers are working to find alternative routes after another break in the West African Cable System – the third this year – threatens to slow down Internet access in South Africa.
The West African Cable System has suffered another break – at the worst possible time for South Africa, with many people now relying on home broadband connections to work.
Vodacom Group chairman, who has been on the telecommunications operator’s board for the past 11 years, will step down at its AGM on 21 July.
The Competition Tribunal has confirmed as an order the Competition Commission’s consent agreement with Vodacom over data prices.
Icasa will make additional radio frequency spectrum available to operators to ensure networks can cope with increased demand during the lockdown due to the coronavirus outbreak.