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
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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
Nigerian regulators’ decision to extend a 16 November deadline to fine MTN R75bn suggests discussions are making headway, says an analyst. The Nigerian Communications Commission issued
MTN will not have to pay a US$5,2bn fine to Nigerian authorities today, 16 November, which was previously the deadline set down by the Nigerian Communications Commission for payment of the record-setting penalty after the telecommunications operator
Vodacom’s latest numbers must be deeply worrying for its principal rival, MTN. While the latter is facing immense turmoil – a R75bn fine in Nigeria, the departure of its long-serving group CEO and
Telkom’s possible acquisition of Cell C would result in a stronger competitor to Vodacom and MTN, according to Boyd Chislett, the MD of the soon-to-be-closed cellular service provider Altech Autopage. Telkom on Monday issued a market update
Mobile service provider Altech Autopage has tried to mitigate retrenchments amid the company eyeing a February 2016 shutdown, said its MD. Parent Altron said in a cautionary announcement in May that it planned to sell the subscriber base