Despite a weekend report of an approach by MTN Group, Telkom shares were trading lower on Monday, implying investors don’t believe a deal is imminent or even possible.
Browsing: Cell C
Exclusive | The communications regulator is moving to defuse the looming court battle over its planned withdrawal of Covid-19 temporary spectrum.
Cell C’s decision to exit the network infrastructure business appears to be bearing fruit.
New research from Ookla shows that MTN is South Africa’s fastest mobile network by some margin, followed by Vodacom and Telkom.
The price changes are effective immediately, Cell C said on Thursday. They seek to match or better recent price cuts from rivals.
Blue Label Telecoms cautioned shareholders on Monday that it remains in talks about a recapitalisation of mobile operator Cell C, in which it holds a 45% stake.
While plenty has been spoken around ARC’s fee structure, not enough has been asked about its valuation of Rain. By Keith McLachlan.
Cell C terminated the provision of network services to Virgin Mobile South Africa at 5pm on Wednesday, signalling the death of the country’s first mobile virtual network operator.
Mobile operator Cell C has reported R2.3-billion in profit before tax, a huge turnaround in fortunes from the R10.6-billion PAT loss it reported a year ago.
Cell C CEO Douglas Craigie Stevenson has criticised Telkom over its narrative that there is an abusive “duopoly” between Vodacom and MTN in South Africa’s mobile market, saying this argument no longer holds water.