In the 18 months to June 2016, MTN has invested R16bn in its network in South Africa. Nearly a third of this – R4,5bn – was spent on adding 1 300 new physical sites to its footprint. This addition translates
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On TalkCentral this week, we chat Black Friday. But not for long, because there’s real news, too – like MTN vowing to take market share from Vodacom and Cell C’s BEE shareholder suing it over the planned restructuring. Also this week, the
MTN’s public offer in terms of its third black economic empowerment deal, valued at R9,9bn has closed – but short of its target. The public offering to qualifying black participants at a subscription price of R20/share for a minimum
Kagiso Media is placing a big bet on electronic sports and competitive videogaming with the launch of Mega8 eSports, which will host regular tournaments and offer “ample” prize money to players. The gaming platform was acquired by
The State IT Agency has finally explained why it pulled the plug on a government tender, worth up to R1,5bn, to roll out broadband to underserviced parts of the country: none of the bidders qualified. The tender was the first phase of a network
MTN has raised R1,1bn through the public offer for its new black economic empowerment scheme, Zakhele Futhi, well short of the target of R2,5bn, but sufficient to allow the transaction to proceed. The telecommunications group
The State IT Agency (Sita) has cancelled a tender for the construction of a rural broadband network under the South Africa Connect broadband strategy. Late last week, Sita published a notice in the
MTN South Africa is set to help launch consumer brands as mobile virtual network operators (MVNOs), according to the company’s CEO. The brands include “household names”, MTN South Africa
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
The national integrated ICT policy white paper, approved last month by cabinet, is a threat to the telecommunications industry and must be revisited urgently because it will chase away those investing