MTN may be in talks to buy a stake in giant Indian telecommunications operator Tata Teleservices and its associated business Tata Teleservices (Maharashtra). The Hindustan Times quotes unnamed sources with knowledge of the discussions as confirming talks are underway. “It is too early to comment on the level of discussions
Ahmad Farroukh has replaced MTN South Africa CEO Zunaid Bulbulia with immediate effect. Bulbulia has been named chief operating officer of the MTN group, which is the role that Farroukh has filled until now
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Cell C has revealed that its subscriber base had grown to 18,1m at the end of June, a 59% improvement on a year ago, as it announces plans to restructure its interest-bearing debt. The company reported a 10,5% increase in revenue over the same period, it said. The mobile operator, South Africa’s third largest
Mobile operator Cell C plans to restructure its debt, asking holders of its bonds for permission to extend repayment of money it’s meant to pay back to them next year by a further three years. Reuters reported on Friday that the mobile operator, South Africa’s third biggest after Vodacom and MTN, plans to restructure
Cell C and MTN have chopped prepaid call rates again as South Africa’s mobile price war, which began in 2012, takes a fresh turn. Cell C announced that it is slashing its 66c/minute promotional prepaid offering to just 50c/minute
The South African mobile payments space is hotting up with another contender entering the fray. FlickPay is the fifth mobile payments application to be launched in South Africa in recent months and, although it’s not
MTN has launched a concentrating solar cooling plant at its head office in Roodepoort, west of Johannesburg. The plant will be used to cool the company’s data centres. The facility generates enough electricity to power 350 average-sized homes. The plant uses a technology called Linear Fresnel
Capital Eye Investments, the company that emerged out of what was left of JSE-listed UCS Group after Business Connexion acquired its services businesses four years ago, plans to launch a private equity fund to invest in start-ups and established technology businesses. Capital Eye
Balancing Act Africa research counts 73 video-on-demand platforms operating in Africa — on the Internet, via satellite or through mobile applications. Mostly, these are “over the top” services with the vast majority set up by independent providers. Although they may have operating alliances with mobile
