Telkom’s possible acquisition of Cell C would result in a stronger competitor to Vodacom and MTN, according to Boyd Chislett, the MD of the soon-to-be-closed cellular service provider Altech Autopage. Telkom on Monday issued a market update
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Mobile service provider Altech Autopage has tried to mitigate retrenchments amid the company eyeing a February 2016 shutdown, said its MD. Parent Altron said in a cautionary announcement in May that it planned to sell the subscriber base
Telkom has confirmed one of the telecommunications industry’s worst-kept secrets: that it is in talks to buy Cell C. “Telkom is currently performing a due diligence on Cell C,” the company said in a statement to shareholders issued before markets opened on Monday morning
First National Bank’s mobile virtual network operator business, FNB Connect, has hit a subscriber milestone. The financial services group said on Monday that it now has 100 000 active Sims on its network, five months after launch. FNB Connect CEO Ravesh Ramlakan
Cell C shareholder Oger Telecom has rejected a R14bn offer from Telkom to acquire its 75% controlling stake in South Africa’s third mobile telecommunications provider, Bloomberg reported on Thursday. Quoting a “person familiar
Hello Group is a company most well-to-do South Africans have probably not come across. But in the mass market, and particularly in the migrant worker community, the telecommunications and
Samsung is the dominant cellphone brand in the minds of urban consumers, according to new research by BMI-TechKnowledge. When asked what handset they would choose in the future, nearly a third of 1 500 survey respondents interviewed in metropolitan areas selected Samsung
South Africa is set for increasing sharing between mobile networks as profitability pressures force compromise, according to the MTN South Africa CEO. Reduced profitability is pushing network
Vodacom’s proposed R7bn acquisition of Neotel is facing yet more headwinds, even before the case gets heard by the Competition Tribunal in late November. TechCentral has learnt that
A decision by Telkom on Monday to issue a “cautionary announcement” to shareholders is most likely related to discussions to buy mobile operator Cell C, analysts said on Monday. “Shareholders are advised that Telkom is in discussions