Alcatel-Lucent has announced it is about to begin construction of the Africa Coast to Europe submarine cable’s second phase, which will connect South Africa to São Tomé and Príncipe and provide an alternative route to Europe to the West Africa Cable System
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Something significant transpired on Friday last week that prompted South Africa’s largest telecommunications operator, Vodacom, to review the structure of its acquisition of Neotel, a
The Competition Tribunal has agreed to postpone a hearing regarding a R7bn merger between Vodacom and Neotel indefinitely. This comes after Vodacom released a market update earlier on Monday saying the company is exploring a “revised transaction structure” regarding the Neotel deal
The Competition Tribunal at the weekend agreed to postpone a hearing into the proposed R7bn acquisition of Neotel by Vodacom. This comes after Vodacom and Neotel brought an application for a postponement of the hearing that was scheduled to start on Monday
As Telkom walked away from buying Cell C this week, the mobile operator’s parent, the Dubai-headquartered Oger Telecom, has said a sale is not the only option under consideration. Although
Telkom has abandoned a plan to acquire Cell C. The telecommunications operator told shareholders on Thursday afternoon that it had walked away from a deal to acquire South Africa’s third mobile licensee
Africa’s biggest mobile network MTN has been slapped with a Ugandan court order to pay $662 000 (R9,3m) in damages for alleged anticompetitive behaviour. It is understood that MTN supplied a mobile money transfer
Vodacom’s troubled relationship with the controlling shareholder of its minority partner in the Democratic Republic of Congo is once again emerging as a thorn in the telecommunications
In financial results for the six months to end September released yesterday, fixed and mobile operator Telkom revealed that the…
MTN’s share price slumped by more than 8% on Tuesday morning over fresh concerns among investors about whether the group, which is listed on the JSE, will have to pay the full amount of a