For the second time in less than two weeks, Vodacom was having major problems with its network in South Africa on Monday. Services were eventually restored on Monday evening.
Browsing: Telecoms
Ethiopia’s protracted privatisation process faces sticking issues as the government and prospective investors prepare to meet this week, with an escalating armed conflict starting to add to concerns.
Telkom chief financial officer Tsholofelo Molefe has followed CEO Sipho Maseko’s lead in offloading shares in the telecommunications company following publication of its interim results last week.
CIVH, the Remgro-controlled holding company that owns both Vumatel and Dark Fibre Africa, is talking to both local and international investors to raise R6-billion in new funding.
Telkom CEO Sipho Maseko has offloaded R6.3-million worth of the shares he holds in the JSE-listed telecommunications group, a regulatory filing on Wednesday showed.
TechCentral reported on Tuesday that Pick n Pay was set to become the first mobile virtual network operator on MTN’s network. The companies have now published details about the PnP Mobile initiative.
Retail group Pick n Pay will be the first mobile virtual network operator (MVNO) to use MTN South Africa’s newly launched platform to support these types of virtual providers, TechCentral has learnt.
Vodacom South Africa is building a platform to support mobile virtual network operators and expects to launch this soon after the conclusion of the spectrum auction next March.
South African fibre broadband provider MetroFibre Networx has raised R1.5-billion in a new funding round led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers.
Vodacom South Africa enjoyed a 64% year-on-year increase in data consumed by “smart devices”, including smartphones and tablets, driven by the Covid-19 lockdown, parent Vodacom Group said on Monday.