Did the Competition Commission do the right thing in seeking to block – in the process scuppering – the network sharing deal between Telkom and MTN? On the surface, it appears it was the right move for consumers, but dig a little deeper and one has to question whether the
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Vodacom CEO Shameel Joosub is clearly confident about the mobile group’s prospects. Joosub on Thursday snapped up almost R4m in Vodacom shares, according to a notice posted by the JSE on Friday morning. Joosub acquired 26 608 shares worth R3 981 678,60, the notice said
MTN has entered into discussions with fast-growing pan-African mobile phone tower operator IHS Holding with a view to selling its South African tower portfolio, Bloomberg reported on Thursday. Quoting an unnamed source
MTN Business and Microsoft have entered into a partnership to provide pan-African cloud computing services from the telecommunications operator’s data centres, the companies said on Thursday. The
Blue Label Telecoms and retail group Edcon will develop a network of retail technology stores across South Africa. Called Edgars Connect, the companies hope to have 100 outlets opened before
Blue Label Telecoms said on Monday that Cell C has enjoyed “massive” growth in the past year, while MTN has “lost a little bit of direction”. This is according to Brett Levy, co-CEO at Blue Label, which
The deal between Telkom and MTN would have been good for competition in South Africa’s mobile market. That’s the view of MTN South Africa, which on Tuesday reacted to the news that Telkom had decided to walk away
Telkom’s share price sank by 6,4% on Monday after the company announced it would no longer pursue a deal with rival MTN. This came after the Competition Commission said it would not support the transaction. As investors fretted about the impact
Telkom and MTN have decided to walk away from the deal that would have seen the former outsource management of its mobile radio access network to the latter and the two companies signing a bilateral roaming agreement. Telkom CEO Sipho Maseko said
The Competition Commission has recommended to the Competition Tribunal that the proposed radio access network sharing and bilateral roaming deal proposed by Telkom and MTN be prohibited. The decision is a huge blow for Telkom and MTN. In terms of the