Browsing: Irnest Kaplan

South Africa’s big telecommunications operators are feeling the pinch of the tough economy, but financial results published in the past 10 days show Vodacom is weathering the storm better than its rival Telkom

After two days of sharp declines in its share price, technology services group EOH on Friday issued a “voluntary announcement” on the JSE’s stock exchange news service punting its public sector business. EOH tumbled more

It’s well known that MTN South Africa has had a torrid few years. It’s lost market share to Vodacom and Cell C, it’s suffered debilitating industrial action, its network hasn’t been up to snuff, its customer service

Volatility in MTN’s share price has seen the counter add more than 42% since its 52-week low just a month ago as investors pile back in on a range of factors, including the publication in two weeks of its year-end results. From MTN’s recent low

Cell C intends listing on the JSE within the next few years to unlock value for shareholders and staff. This comes in the wake of news this week that Blue Label Telecoms has tabled an offer to acquire a 35% stake in South Africa’s third mobile operator for R4bn

The double blow of a maturing voice market and a sluggish local economy has not made life easy for South Africa’s telecommunications companies. Vodacom’s revenue was up by only 2,1% to R77,3bn