The telecommunications giant has announced the launch of MusicTime, a time-based Internet music offering.
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The Public Investment Corp has raised its stake in MTN Group for the second time in as many days, taking advantage of a price that’s close to 10-year lows amid a crisis in Nigeria.
A successful request to a parliamentary committee, brought by the Democratic Alliance, means the Electronic Communications Amendment Bill will likely no longer be passed in parliament before the 2019 general election.
Government’s telecommunications bill, if enacted without radical changes, will have a “devastating” effect on the ICT sector, destroying the incentives that have led to almost universal mobile coverage in South Africa.
Vodacom has rubbished the Electronic Communications Amendment Bill’s wholesale open-access provisions, describing them as “intrusive and onerous”.
The group’s chief innovation officer, Herman Singh, is expected to leave to start his own tech venture, sources said, following chief technology officer Babak Fouladi out the door.
MTN South Africa was keen to take on Standard Bank’s mobile virtual network operator business, which went to rival Cell C, and is open to other such opportunities – provided they make commercial sense.
MTN said on Tuesday that it will reach 90% population coverage with 4G/LTE technology in South Africa before the end of the year, outpacing rival Vodacom.
While Vodacom and MTN appear to be allergic to mobile virtual network operators, Cell C is proving it’s possible to build a significant business from them.
A settlement has been reached by communications regulator Icasa and mobile operators over the implementation of new rules regarding data expiry and rollover.