Mobile operator Cell C has held discussions with Telkom about opportunities to consolidate South Africa’s mobile phone industry, CEO Alan Knott-Craig revealed in a radio interview on Thursday (full audio transcript below). In response to a question from Talk Radio 702 host Stephen Grootes about whether
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South Africa is too small a market to accommodate four mobile operators, Cell C CEO Alan Knott-Craig told journalists on Wednesday. Replying at a media conference to a question from TechCentral, Knott-Craig said: “I think it’s too late for four. Maybe [it made sense] five or seven years ago [but] after 20
The combined R5,7bn Cell C has received from its majority shareholder, Oger Telecom, and in financing from a Nedbank-led grouping will be used to improve its network and win market share from rivals Vodacom and MTN, says the operator’s CEO, Alan Knott-Craig. But Knott-Craig
Cell C’s majority shareholder, Dubai-based Oger Telecom, has earmarked an equity investment of US$350m (R3,5bn) for the mobile operator. In addition to the shareholder injection, key lenders, including Nedbank and Development Bank of South Africa (DBSA), have concluded a long-term financing package of R2,2bn to Cell C, in a transaction arranged
Johannesburg-listed mobile telecommunications group MTN is investing US$75m in a UK-based fund run Amadeus Capital Partners. Amadeus says the new fund will invest in “late-stage venture and growth companies, predominantly in mature markets, developing online and mobile applications and services
Puleng Kwele, who was appointed as CEO of Broadband Infraco in 2012, believes the state-owned wholesale fibre-optic infrastructure provider, whose clients include Neotel, MTN and Cell C, is poised to turn around its fortunes in the financial year ended March 2014
Telkom Mobile has slashed prepaid call tariffs to 29c/minute on per-second billing for on-network calls and to 75c/minute to all other networks. The new prepaid tariff plan, called Sim-Sonke, is “expected to blow the competition out of the water by offering the lowest standard mobile call rates in the country”, Telkom says in a statement
iBurst parent Wireless Business Solutions (WBS) may be close to signing a deal with either Vodacom or MTN to build a national 4G broadband network based on long-term evolution technology, TechCentral has learnt. Mtshali says WBS has had extensive discussions with
Zambia’s telecommunications regulator, Zambia Information and Communications Technology Authority (Zicta), has laid criminal charges against all three of the country’s mobile network operators for “failure to meet minimum standards of quality of service”. The operators are MTN, Airtel
The Internet Service Providers’ Association (Ispa) has argued that insufficient competition between mobile operators is keeping the cost of mobile broadband higher than it should be and limiting uptake by South African consumers. But the operators say it’s not that simple. Vodacom spokesman Richard