Huawei earnings surged 25% last year as the Chinese telecommunications giant rose up the ranks of the global smartphone market.
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MTN Group CEO Rob Shuter was paid R42.9-million in the financial year ended 31 December 2018, up from R40.6-million in 2017, while other top executives were also handsomely rewarded.
Further significant issues in Huawei’s technology pose new risks to the UK’s telecommunication networks, a report by security authorities has warned.
Shares of MTN Group recovered from their biggest decline in more than five months to close little changed as Nigeria urged a Lagos court not to block a $2-billion penalty it imposed on the mobile carrier.
MTN South Africa has launched a new service on WhatsApp that allows its customers to check their balances, top up their airtime and buy data bundles without having to leave the Facebook-owned messaging app.
MTN Group’s South Sudan unit said it’s investing at least R430-million in revitalising and expanding its operations as a new deal to end a five-year civil war brings relative peace to much of the country.
Eskom’s rolling blackouts are placing severe strain on mobile network operators trying to keep base stations up and running.
Isabel dos Santos was set to be ousted from the helm of Angola’s biggest telecommunications company as shareholders met on Tuesday to discuss corporate governance in the wake of legal action by one of its biggest investors.
Cell C has partnered with Facebook to roll out public-access Wi-Fi hotspots in South Africa, and has taken the first few live at the University of the Western Cape.
Fibre infrastructure provider Metrofibre Networx has received an equity investment from Stoa Infra & Energy. Stoa has acquired 23.1% of the South African open-access fibre network operator.