The banks cannot reach South Africa’s R197-billion informal retail market. Three other contenders think they can.
Browsing: MTN
MTN Group faces a R3.9-billion write-down, cash it cannot move and a stake it cannot sell, just as Washington escalates.
MTN’s network spending in South Africa fell 17.1% while Nigeria received nearly three times as much in capital investments.
MTN South Africa cut airtime credit from 42% of prepaid recharges to about 34% over the past year.
MTN South Africa lost 1.1 million prepaid users between March and June as it purged credit-dependent customers.
Cell C CEO Jorge Mendes has told TechCentral that the big two would cannibalise themselves chasing MVNOs.
Talks with Starlink and Amazon Leo cover resale and a possible direct-to-device play, says Cell C CEO Jorge Mendes.
Coverage is live now, Cell C CEO Jorge Mendes has told TechCentral, with commercial propositions to follow.
Capitec and FNB subscribers are doing more for Cell C than its own customers, its full-year results to 31 May 2026 show.
Currency strength is the one thing going right for South African technology buyers. Sadly, it isn’t nearly enough.