Telkom jumped as much as 12% after confirming it received a bid for a controlling stake from a consortium that includes its former CEO.
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A possible bid by a consortium that includes former CEO Sipho Maseko to buy a stake in Telkom is still at an exploratory stage.
But the former telecommunications monopoly faces huge challenges if it hopes to remain a significant market player.
Icasa said it will soon publish a request for proposals to appoint a consultant to assist with its next broadband spectrum auction.
The World Bank Group’s private investment arm and guarantee agency have pledged more support for Safaricom Ethiopia.
It’s the latest step in the burgeoning extra-terrestrial contest between superpowers.
MTN South Africa is actively investigating off-grid renewable energy alternatives, including windmill-powered base stations.
Vodafone and CK Hutchison are said to be in the final stages of agreeing to merge their British operations.
The EU is considering a mandatory ban on member states using companies that might pose a “security risk” in their 5G networks.
Major US wireless carriers have denied they in talks with Amazon to offer low-cost wireless services to its Prime members.