Price cuts at Vumatel, to be implemented from next week, are not a risk to parent CIVH’s balance sheet and are only likely to register as “blip” in the company’s long-term growth trajectory, CIVH CEO Raymond Ndlovu said.
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CIVH, the Remgro-controlled parent of fibre players Dark Fibre Africa and Vumatel, remains interested in participating in government’s planned wholesale open-access network, according to its CEO.
South Africa’s MTN Group and Chinese technology company ZTE have been accused in a US lawsuit of indirectly supporting an Iranian terrorist campaign that resulted in Americans being injured and killed in Iraq.
Cell C said on Wednesday that is has made significant progress in migrating its customers off its own radio access network to the network of roaming partner MTN.
Starlink, the satellite Internet unit of Elon Musk’s SpaceX, expects to be able to provide continuous global coverage by around September but will then need to seek regulatory approvals.
Last week’s announcement by Sekunjalo’s African Equity Empowerment Investments that BT Group was not entitled to claim back the 30% stake in BT South Africa held by AEEI was a little puzzling.
Vodacom Group has awarded its CEO, Shameel Joosub, more than R44-million worth of share options, which will vest in three years provided they are not forfeited and performance conditions are met.
Fibre-to-the-home operator Octotel, which was recently acquired by emerging markets investment firm Actis, is boosting customer line speeds at no cost, it said on Friday.
MTN Group said on Wednesday that it will deploy an OpenRAN network architecture across its operations in Africa, allowing interoperability between vendors and reducing costs.
Sweden’s Ericsson said on Wednesday that the number of 5G subscriptions was expected to rise to 580 million by the end of 2021 from 220 million last year, and cross 3.5 billion by 2026.