Safaricom shares fell the most in four months after East Africa’s biggest company by market value said profit growth will slow even as the wireless carrier expands its popular mobile banking service.
Browsing: Telecoms
Communications minister Stella Ndabeni-Abrahams has dashed hopes for the urgent licensing of new broadband spectrum to mobile operators.
MTN Group plans to sell at least half of its R9.4-billion interest in newly listed Jumia Technologies, according to people familiar with the matter.
The Competition Tribunal has approved the acquisition by Remgro’s Community Investment Ventures Holdings of Vumatel, but has attached long-term conditions to the sale.
While its competitors are given the benefit of the doubt when their products are found vulnerable, Huawei is held to impossible standards for political reasons.
Vodacom said on Monday that “unquestionably the most significant obstacle to reducing input costs and, by extension, data prices is the fact that no new spectrum has been allocated” to operators for the past 14 years.
South Africans are not satisfied with their mobile network providers, particularly the biggest provider, Vodacom.
As the technology industry talks up 5G cellular networks, Cisco Systems says much of the promised revolution in connectivity will come from a more prosaic source: Wi-Fi.
It’s not MTN’s biggest operation, but Ghana is nonetheless an important market for the group. And the latest results from the West African subsidiary are likely to cheer investors.
The ham-fisted way in which Vodacom implemented Icasa’s data regulations damaged the operator’s reputation and drove consumers to threatening to quit the network, according to new research.