NEC XON will sell OneWeb’s low-Earth-orbit satellite solutions in sub-Saharan Africa, including South Africa.
Browsing: Telecoms
Telkom shares jumped 8% early on Wednesday after the group surprised with an upbeat earnings forecast.
CSquared has raised $25-million in new funding from investors including a fund managed by Convergence Partners.
Vodacom Group parent Vodafone Group reported second-quarter sales growth on Tuesday that beat analysts’ estimates.
Vodacom plans to phase out its “My Vodacom” smartphone app in favour of its VodaPay “super app” in the coming months.
Vodacom Group reported a 4.2% decline in half-year earnings, impacted by start-up losses in Ethiopia and higher interest rates.
Promoted | The new Goedehoop Teleport facility in Pretoria will enhance connectivity across Africa.
The National Consumer Tribunal recently fined Vodacom for contraventions of the Consumer Protection Act.
MTN Group expects Nigeria to overcome the short-term “pain” of President Bola Tinubu’s economic reforms by next year.
Paratus Group has raised $31-million in new debt to finance the expansion of its fibre and data centre business.