On TalkCentral this week, we chat Black Friday. But not for long, because there’s real news, too – like MTN vowing to take market share from Vodacom and Cell C’s BEE shareholder suing it over the planned restructuring. Also this week, the
Browsing: Cell C
Cell C’s planned recapitalisation, in terms of which JSE-listed Blue Label Telecoms will acquire 45% of the mobile operator for R5,5bn, has hit turbulence. News wires, including Reuters, reported on Thursday
MTN South Africa is set to help launch consumer brands as mobile virtual network operators (MVNOs), according to the company’s CEO. The brands include “household names”, MTN South Africa
Telkom’s mobile business is finally profitable (and sustainable). Since its launch in 2010 (as 8ta), its cumulative losses total R10bn. In those six financial years (to 31 March 2016), it generated R12,9bn in
Cell C will reduce its net borrowings to a maximum of R6bn – from a proposed R8bn previously – Blue Label Telecoms, which is in the throes of buying a 45% stake in the mobile operator for R5,5bn
The department of telecommunications & postal services’s new director-general, Robert Nkuna, is going to have no time to ease gently into his new office in Hatfield, Pretoria. Indeed, he’s going to have to hit the ground running. The former councillor at
Robert Nkuna is the new director-general of the department of telecommunications & postal services, replacing Rosey Sekese, who was “expelled” from her post after being suspended in 2015. Cabinet ratified the decision to appoint Nkuna, who is
Market watchers are not worried about the decision by mobile operator Cell C to ditch its R8,5bn planned bond placement to reduce its crippling debt load of R20,7bn. Prepaid technology specialist
Cell C has withdrawn a planned bond placement to help it reduce its high levels of debt, but the company remains confident it will raise sufficient funds through a planned restructuring to reduce its maximum
The country’s largest Wi-Fi provider, AlwaysOn, now allows customers to convert airtime into Wi-Fi data for its relatively pervasive network. At the entry level, R15 converts to 150MB of AlwaysOn data, which is less than half