Vodacom spent almost R4.8-billion on expanding and improving its network in South Africa in the six months to 30 September 2018, an 18.2% jump from the same period a year ago.
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Vodacom Group eked out a 1.2% improvement in normalised operating profit for the six months ended 30 September 2019 on the back of 2.5% growth in both normalised revenue and service revenue.
Google is pumping major investments into Africa, with its most noteworthy new ventures being the roll-out of free public Wi-Fi hotspots and a new high-speed undersea cable to boost Internet connectivity.
Google has launched its free public Wi-Fi hotspot programme, known as Google Station, in South Africa, the US-headquartered Internet company said at an event in Johannesburg on Thursday.
Telkom on Tuesday warned shareholders that headline earnings per share for the six months ended 30 September 2019 will fall by as much as 40%.
One hundred and sixteen megahertz of bandwidth looks set to be pivotal for South Africa’s successful initial roll-out of next-generation, super-fast mobile 5G networks.
US commerce secretary Wilbur Ross said licences would be coming “very shortly” for American companies to sell components to Huawei Technologies.
Icasa has set out five options for licensing so-called high-demand spectrum in South Africa, which will allow mobile operators to roll out both 4G and 5G infrastructure.
Safaricom and parent Vodacom Group plan a joint bid for an Ethiopian telecommunications licence that they expect to cost as much as R15-billion.
Safaricom, a unit of Vodacom Group, posted a 14% increase in net income for the six months to September 2019 as revenue growth from mobile money was hurt by a state crackdown on sports betting.