MTN South Africa is aiming to reach 25% coverage of South Africa’s population with next-generation 5G services by the end of the year, and 60% by 2025.
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Vodacom and MTN were by far the biggest spenders in South Africa’s spectrum auction, agreeing to cough up more than R5-billion each for prime access.
Icasa has wrapped up the long-awaited spectrum auction. This is the full, unedited statement issued by the regulator following the conclusion of the process on Thursday.
The cabinet has decided to scrap government plans to license a wholesale open-access network in South Africa.
The Competition Commission has okayed the acquisition by New York-listed IHS Towers of thousands of towers owned by MTN South Africa, but has attached stringent conditions to the deal.
MTN Group will look for minority investors in its African fintech unit after separating the division from its traditional telecommunications business.
MTN Group resumed annual dividends on Wednesday, declaring a higher payout than previous guidance as a divestment plan made progress and the firm reported higher profit.
MTN South Africa has reported strong earnings growth, with all business units performing well in the year to 31 December 2021.
Telkom has asked the high court in Pretoria to impose a “structural or supervisory” interdict on communications regulator Icasa over spectrum licensing.
Icasa will finally auction access to spectrum for mobile broadband services this week. But a looming court battle could still derail the allocation.