MTN South Africa will spend at least R1.5-billion this year as it moves to secure its network against severe load shedding and vandalism.
Browsing: Telecoms
Promoted | NAPAfrica, the African continent’s largest Internet exchange point, recently reached the 3Tbit/s traffic threshold.
CIVH, the Remgro-controlled parent of fibre infrastructure providers Vumatel and Dark Fibre Africa, has swung into profit.
Telkom has appointed Geoffrey Qhena is an independent non-executive director and chairman of the board.
The wireless data provider is set to record more than R2-billion in full-year Ebitda, after IFRS 16 adjustments, shareholder ARC Investments said.
Rain, which provides wireless, data-only services, plans soon to launch a mobile service, one of its shareholders said.
Santam has announced it’s acquiring MTN South Africa’s mobile device insurance book, which has about 400 000 policies.
MTN Group said Eskom’s woes cost its South African operation R695-million in Ebitda in the 2022 financial year.
South Africa risks becoming a “failed nation state” unless government resolves the energy, corruption and unemployment crises, said Ralph Mupita.
Electricity minister Kgosientsho Ramokgopa has met with senior executives in South Africa’s telecommunications industry.