African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5-billion, according to people familiar with the matter.
Browsing: Telecoms
Bharti Airtel’s Kenyan unit has agreed to combine operations with Telkom Kenya, creating the second-largest telecommunications operator in the East African nation after Safaricom.
Huge Cellular is taking Cell C to court seeking urgent interim relief preventing the mobile operator from suspending services at the end of this month that could cut off the telephone lines of thousands of clients.
MTN Group said on Monday that it expects to report an improvement of at least 20% in headline earnings and attributable earnings per share for the year ended December 2018.
In the podcast this week, Duncan McLeod and Regardt van der Berg unpack the soap opera that is the fight between Vodacom and its former employee, Nkosana Makate, over the “please call me” service.
It’s now well known that MTN South Africa patented a “please call me”-type service in the early 2000s, beating rival Vodacom to the punch.
Vodacom cannot pay the “inventor” of the “please call me” service, Nkosana Makate, more money because the outcome of the deadlock-breaking mechanism is legally binding, the company said on Friday.
MTN South Africa said on Thursday that it is cutting out-of-bundle data charges for prepaid customers by as much as 75% and launching a new “double your bundle” promotion.
Vodacom has drawn a line in the sand over demands from protesters that the telecommunications operator pays the “inventor” of its “please call me” service R70-billion.
A small group of protesters descended on Vodacom’s head office on Thursday to demand Vodacom pays Nkosana Makate, the “inventor” of the “please call me service”, R70-billion.