Telkom plans to raise R1-billion by the end of its financial year through the sale to external financial institutions of “qualifying receivables” related to upfront device sales.
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Orange is considering strategic options for its African and Middle Eastern mobile towers business, including stake sales, sources said.
The Meta Platforms-backed 2Africa submarine broadband cable, which is being built around the African continent, has been brought ashore in Durban.
MTN Group said a R13-billion tax bill it received from the Ghanaian government has been scrapped.
The ongoing power crisis is starting to threaten one of the fundamental drivers of South Africa’s digital economy: Internet access.
The council of communications regulator Icasa has appointed Tshiamo Maluleka-Disemelo as the authority’s new CEO, replacing Willington Ngwepe.
Foreign minister Naledi Pandor at the weekend called on MTN Group and the Ghana Revenue Authority to find a solution to their tax dispute.
Michael Jordaan, investor in wireless broadband upstart Rain, said on Tuesday that consolidation in South Africa’s telecoms market is inevitable.
Load shedding is proving to be a hugely expensive problem for South Africa’s mobile operators.
Telkom expects to play host to the launch of the first mobile virtual network operator on its network by year-end.