Telkom Group CEO Sipho Maseko has slammed the Competition Commission for intervening directly in prices in the data services market, warning using this “blunt and archaic” tool is an “ineffective instrument that may ultimately have unintended and deleterious consequences”.
Expect the night sky to start changing fast. One day soon, the stars we can see from Earth could be outnumbered by a vast swarm of satellites.
The Competition Commission says data must fall; Vodacom and MTN say they need more spectrum. Ten years after communications regulator Icasa tried to license new spectrum, it still hasn’t happened.
Huawei Technologies has sued the US Federal Communications Commission, seeking to overturn a regulatory decision that will hurt the Chinese corporation’s business with its last major American clients.
The Competition Commission’s final report on the data services market in South Africa is, frankly, an embarrassment. It amounts to regulatory overreach and dangerous populism that could threaten billions of rand in planned investments in the coming years. By Duncan McLeod.
MTN Group on Wednesday issued a statement to investors in which it criticised the Competition Commission’s final report on the data services market in South Africa, saying it will “vigorously defend against over-broad and intrusive recommendations” by the commission.
The US has been warning other countries not to buy telecommunications gear from China’s Huawei and ZTE. The government will soon put real money behind the effort.
After a massive selloff on Monday, shares of South Africa’s biggest listed telecommunications companies continued to trade lower into Tuesday.
Vodacom and MTN must drop mobile data prices significantly, failing which the Competition Commission will consider prosecuting the two companies.
The Competition Commission on Monday unveiled surprisingly broad-ranging, tough and radical interventions in the data services market, including a proposal that mobile operators be forced to give South Africans a free allocation of daily data.
