Telkom Group CEO Serame Taukobong said he has zero interest in buying smaller rival Cell C, making it clear that no deal will happen on his watch.
Browsing: Cell C
Telkom has reported a decline in full-year revenue of 1.1%, to R42.8-billion. It has blamed tough competition and the weak state of the economy.
The long-delayed recapitalisation of debt-laden mobile operator Cell C is inching forward, with secured lenders set to vote on a “compromise offer” next month.
New research shows South Africans actively dislike telecoms operators, with the industry ranked last in net customer sentiment, below banking, insurance and retail.
Vodacom will use its newly acquired spectrum assets to build out 4G and 5G infrastructure and grow its presence in the wireless broadband market, CEO Shameel Joosub said.
Icasa’s draft amendments to regulations governing the expiry of data bundles, if implemented, could undermine product innovation that has made it more affordable for the poor to get online, Vodacom said.
Vodacom and MTN were by far the biggest spenders in South Africa’s spectrum auction, agreeing to cough up more than R5-billion each for prime access.
Icasa has wrapped up the long-awaited spectrum auction. This is the full, unedited statement issued by the regulator following the conclusion of the process on Thursday.
Blue Label Telecoms has unveiled long-awaited details of a planned recapitalisation of Cell C – a move aimed at dealing once and for all with the mobile operator’s crippling debt problem.
MTN South Africa has reported strong earnings growth, with all business units performing well in the year to 31 December 2021.