MTN South Africa grew its subscriber base by 7.1% at the end of March 2022, from a year ago, to reach 34.5 million subscribers.
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MTN Group lifted first quarter pretax profit by 21.1% year on year, supported by service revenue growth amid demand for data and financial services.
Two of South Africa’s biggest fibre providers, Vumatel and Dark Fibre Africa, are being folded into a new infrastructure holding company to be led by Vuma CEO Dietlof Mare.
Safaricom is encouraged by the positive outlook in Ethiopia and plans to start operations there this year, its CEO said.
MTN has linked the remuneration of its senior executives with the group’s environmental, social and governance targets.
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Vodacom Group has appointed Sitho Mdlalose as the new MD of its South African operation, replacing Balesh Sharma.
Zoom Video Communications is expanding its South African office and has appointed First Distribution as a partner in a major channel sales push.
Technology giants may have to bear some of the cost of Europe’s telecoms networks, Europe’s digital chief said on Monday.