Acquisition opportunities are opening in Africa for Vodacom Group as telecommunications assets become more affordable, the JSE-listed group’s CEO, Shameel…
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A Rwandan regulator has imposed a fine equivalent to R112m on MTN, the JSE-listed telecommunications group said on Wednesday. The fine, a tiny fraction of the one imposed on its by
Telkom’s share price on Friday was testing highs not seen in eight years after the telecommunications company released a positive earnings update that delighted investors. The share was last quoted at R82, just
Former MTN South Africa CEO Ahmad Farroukh is joining pan-African telecommunications group Smile as executive director for operations with immediate effect. Farroukh quit MTN in July 2015 to take up the top job at Saudi Arabia’s second
Vodacom, working with Huawei, has launched its first Internet of things site using narrowband IoT (NB-IoT) technology. An existing 4G/LTE site was upgraded to support NB-IoT using software only. The site is fully compliant with the
It’s the phone of the moment. Samsung’s Galaxy S8, the Korean manufacturer’s new flagship device, is the device to own right now. But which operators have the best deals? Tariffic, a company which helps companies and
MTN said on Monday that it has agreed, on a non-binding and preliminary basis for now, to invest R540m into Iranian fixed broadband provider Iranian Net. The investment will give it a 49% stake in the company. However, further investments
MTN Group’s former video-on-demand provider, Discover Digital, is starting a new South African online TV service with lender Investec, just days after its partnership with Africa’s biggest wireless operator was cancelled. The closely
MTN on Wednesday said group revenue increased by 7,1% year on year, supported by a 29,4% improvement in data revenue, suggesting a return to a firmer footing for the Johannesburg-headquartered emerging markets telecommunications giant. However, group subscriber
Rob Shuter used his first quarterly report as CEO of MTN Group to commit the wireless operator to major investments in its biggest markets of Nigeria, South Africa and Iran. The spending plan “is expected to support further market