A Safaricom-led investor group, which includes Vodacom, has launched mobile services in Ethiopia after securing an operating licence from the government.
Browsing: Telecoms
Shares in Telkom rallied on Tuesday after the company informed investors that it is still in talks with MTN Group about a transaction.
It appears Telkom’s apparent willingness to engage with Rain about a possible deal could scupper its merger talks with MTN Group.
Maziv is the new name of the parent company of Vumatel and Dark Fibre Africa that will soon, pending regulatory approvals, be 30% owned by Vodacom.
Rain has formally made a non-binding proposal to Telkom that would see the latter acquire the former through the issue of new Telkom shares.
Cell C, for years saddled with unsustainable debt, is looking to a more hopeful future after reporting a R2-billion net loss for the six months ended 30 June.
Wiocc Group has secured a $30-million equity investment from the International Finance Corporation as it ramps up investment in fibre networks and data centres.
Google on Monday rebuffed a push by European telecommunications operators to get Big Tech to help fund network costs.
Blue Label Telecoms said it Thursday that the recapitalisation of Cell C has finally been completed after years of negotiation.
Promoted | NoPBX, the South African-developed cloud PBX-over-GSM solution, has seen significant growth in new customers and other metrics in the past year.