Telkom CEO Sipho Maseko has severely criticised communications regulator Icasa over proposed new call termination rates, saying they could lead to a jobs bloodbath at the company.
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Cabinet has approved an amended version of the Electronic Communications Amendment Bill, taking South Africa closer to the allocation of radio frequency spectrum to mobile operators.
As Blue Label’s share price on Wednesday fell to the same level as its debut price on the JSE 11 years ago, the company’s management team has moved to assure the market that its acquisition of 45% of Cell C was not only well thought through but will deliver the expected returns.
MTN Group is facing pressure to list its unit in Uganda as Africa’s largest mobile phone company seeks to renew a licence in the country.
MTN Group is exploring a sale of shares in African online retailer Jumia and values the company at as much as US$1-billion, according to people familiar with the matter.
Helios Towers is investing tens of millions of dollars in the Democratic Republic of Congo and looking for acquisitions as the African phone-tower operator seeks to move on from a scrapped initial public offering earlier this year.
A new, South African-developed rival to Facebook’s WhatsApp, which offers zero-rated data access on South Africa’s four largest mobile operators, has been launched.
A redrafted version of the Electronic Communications Amendment Bill will be presented to cabinet by the end of next month, a move that could finally take South Africa a meaningful step closer to awarding new spectrum licences.
In the podcast this week, Duncan McLeod and Regardt van der Berg chat about the launch of Samsung’s new flagship “phablet”, the Galaxy Note9, Vodacom and MTN’s squabbles at the Advertising Standards Authority, and the launch of Android 9 Pie.
MTN Group remains on track to report a total 2018 dividend of R5/share, despite “continued challenges in repatriating funds from MTN Irancell”, it said in notes alongside interim results for the six months to 30 June.