Vodacom will comply with communications regulator Icasa’s new data expiry rules from this week, but the country’s largest mobile operator has said it will charge users to roll over their unused data.
Browsing: Cell C
In the podcast this week, Duncan McLeod and Regardt van der Berg unpack what has been a dramatic two weeks for JSE-listed technology services group EOH.
Cell C’s largest shareholder, the JSE-listed Blue Label Telecoms, said on Friday that The Buffet Consortium plans to buy a minority shareholding in Cell C that will bolster the mobile operator’s balance sheet.
Jose Dos Santos will step down as CEO of Cell C at the end of February, the mobile operator’s largest shareholder, JSE-listed Blue Label Telecoms, said in a statement on Friday.
Telkom sees an acquisition as one way to grow its mobile phone business as the former landline monopoly looks to boost profit and attract higher-paying customers.
Huge Group subsidiaries Huge Cellular and Huge Telecom are not entitled to urgent relief they’re seeking against Cell C to prevent it from suspending services at the end of this month, the mobile operator said.
Huge Cellular is taking Cell C to court seeking urgent interim relief preventing the mobile operator from suspending services at the end of this month that could cut off the telephone lines of thousands of clients.
Vodacom Group’s latest trading update, for the quarter ended December 2018, makes for sobering reading, particularly for those invested in the telecommunications sector.
The weak South African economy, coupled with consumers “optimising” promotional data, has led to a surprise decline in Vodacom’s service revenue in the quarter ended 31 December 2019.
Communications regulator Icasa will hold public hearings later this month to determine what its role should be in regulating cybersecurity in South Africa.