MTN Group plans to sell at least half of its R9.4-billion interest in newly listed Jumia Technologies, according to people familiar with the matter.
Browsing: MTN
Vodacom said on Monday that “unquestionably the most significant obstacle to reducing input costs and, by extension, data prices is the fact that no new spectrum has been allocated” to operators for the past 14 years.
South Africans are not satisfied with their mobile network providers, particularly the biggest provider, Vodacom.
It’s not MTN’s biggest operation, but Ghana is nonetheless an important market for the group. And the latest results from the West African subsidiary are likely to cheer investors.
The ham-fisted way in which Vodacom implemented Icasa’s data regulations damaged the operator’s reputation and drove consumers to threatening to quit the network, according to new research.
Ah, that old trope, “market failure”. Economic development minister Ebrahim Patel trotted it out several times this week while unveiling the Competition Commission’s provisional findings into the data service market.
MTN has accused the Competition Commission of using outdated information in preparing its report on the data services market in South Africa.
The Competition Commission has floated the idea of enforcing functional and/or accounting separation on South Africa’s large mobile operators –…
Vodacom and MTN shares fell after one of South Africa’s competition regulator found that the country’s two largest mobile phone companies overcharge customers for data.
Chris Maroleng, the former MTN Group senior executive, has been fired as chief operating officer of the public broadcaster with immediate effect. He had been in the role for just over a year.