Vodacom Group increased capital expenditure in its South African operation by more than 10% in the last year as it fought to regain network leadership from rival MTN.
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MTN South Africa grew its subscriber base by 7.1% at the end of March 2022, from a year ago, to reach 34.5 million subscribers.
MTN Group lifted first quarter pretax profit by 21.1% year on year, supported by service revenue growth amid demand for data and financial services.
Promoted | Computer Vision and AI technologies see local business with new name slicing up new markets overseas again.
MTN has linked the remuneration of its senior executives with the group’s environmental, social and governance targets.
The South African start-up Quro Medical is pioneering hospital-level monitoring of patients, but in their own homes, using advanced technologies it has developed in-house.
If a sale is being seriously considered, it’s worth asking: who would want to buy EOH, and who could afford it?
MTN Group CEO Ralph Mupita expects consolidation in the markets in which the group operates as high capital investment requirements make it increasingly difficult for smaller operators to keep up.
MTN Group CEO Ralph Mupita earned total remuneration in the 2021 financial year of R84.2-million – and he wasn’t the only top executive handsomely rewarded.
New research shows South Africans actively dislike telecoms operators, with the industry ranked last in net customer sentiment, below banking, insurance and retail.