EXCLUSIVE | Icasa is poised to announce a plan to auction off radio frequency spectrum suitable for the roll-out of 5G infrastructure in a move that is likely to be widely welcomed by the telecommunications industry.
Browsing: MTN South Africa
MTN Group is in advanced talks to sell stakes in tower assets in Ghana and Uganda worth as much as R8-billion as Africa’s largest wireless carrier looks to accelerate a broader disposal plan.
MTN South Africa lost 300 000 customers in the quarter ended 30 September 2019, but still managed to eke out service revenue growth of 0.4%. It ended the period with 28.9 million subscribers.
Cell C has regularised its payments to MTN South Africa for network roaming and has coughed up almost R750-million between July and September.
Blue Label Telecoms, which bought a 45% stake in Cell C in 2017 for R5.5-billion, has said in its annual report that it is “extremely disappointed” in the performance of the mobile operator.
Criminals are becoming increasingly sophisticated in their efforts to defraud customers, MTN South Africa warned on Monday.
MTN South Africa CEO Godfrey Motsa said on Thursday that it is not the company’s responsibility to save rival Cell C, but it’s also not in the interests of the telecommunications sector or the country to allow it to fail.
Multiple sources close to Cell C have rubbished a report that China Mobile is about to strike a deal to buy a stake in the troubled South African mobile operator.
South Africa’s third-biggest mobile operator has put core parts of the business up for sale as it struggles with R9-billion of debt and deepening losses.
A report on Tuesday suggested China Mobile may be about to swoop to the rescue of embattled mobile operator Cell C. Telkom is also rumoured to be circling.