MTN Group is considering the sale of its stake in Botswana’s largest wireless carrier, according to people familiar with the matter, in a deal that could raise R2.5-billion.
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Liquid Telecom is giving serious thought to leveraging its spectrum asset in the 3.5GHz band, which happens to be ideally suited to the roll-out of next-generation 5G mobile broadband technology.
MTN South Africa has implemented new data rollover, transfer and out-of-bundle features to comply with Icasa’s new data regulations and has said it won’t charge users for data rollover.
Liquid Telecom said on Thursday that MTN South Africa will roam on its soon-to-be-launched 4G/LTE network. MTN will be Liquid Telecom’s first customer on the network.
The Johannesburg-based telecommunications provider said headline earnings per share are expected to rise by between 80% and 90%.
Vodacom has backed down over plans to charge customers for data rollover after a public outcry. In a statement on Wednesday, the operator said it will no longer charge for data rollover.
Vodacom will comply with communications regulator Icasa’s new data expiry rules from this week, but the country’s largest mobile operator has said it will charge users to roll over their unused data.
Helios Towers wants to build a thousand telecommunication towers in South Africa in the next three years as it tries to capitalise on rapid growth in mobile services and shape up for an initial public offering.
MTN South Africa will appear before communications regulator’s complaints and compliance committee next month over a charge that it failed to comply with a notification rule regarding tariff adjustments.
Telkom sees an acquisition as one way to grow its mobile phone business as the former landline monopoly looks to boost profit and attract higher-paying customers.