MTN Group said on Friday it expects 2020 earnings to nearly double, mainly on gains from the sale of Uganda and Ghana tower joint ventures.
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There are three important takeaways from the Chasing the Sun rugby documentary series, all of which are relevant to South Africa’s mobile sector, says the Cell C CEO.
MTN Group has appointed Citigroup and Standard Bank Group to advise on a sale and leaseback of some of the carrier’s South African telecommunications towers, according to people familiar with the matter.
Vodacom South Africa boosted investment in its network by 12.3% year on year in the quarter ended 31 December 2020, bringing capital expenditure to R2.7-billion from R2.4-billion in the year-ago quarter.
Nigeria has given telecommunication providers an extra eight weeks to add valid national ID numbers to every Sim card registered in the country, according to a statement.
Icasa has hit back hard at Telkom’s application to interdict the upcoming spectrum auction, warning that if the company is successful, it will serve to entrench Vodacom and MTN’s “duopoly” – the very thing Telkom claims it wants to avoid.
Communications regulator Icasa said on Friday that it will oppose MTN South Africa’s urgent court application challenging a plan that could see smaller operators get first dibs at a crucial band for 5G telecommunications.
MTN South Africa has become the second telecommunications operator to take the industry regulator, Icasa, to court over the upcoming spectrum auction.
Vodafone Group is considering options for its Ghana business as it focuses on reorganising the group and paying down debt, according to people familiar with the matter.
The supreme court of appeal has thrown out MTN South Africa’s appeal against a judgment ordering it to pay R11.4-million in damages, plus interest, to a dealer whose business was shut down in 2011.