Browsing: Shameel Joosub
A judge in the North Gauteng High Court has overturned an interdict preventing Vodacom from disconnecting the customer lines it supplies to Gogga Tracking Solutions. In his ruling, Judge Neil Tuchten cites a number of irregularities in documents Gogga presented to the court and awards all legal costs to Vodacom. He criticises both Gogga and its legal counsel for their conduct during the case.
R5m. That’s how much Vodacom paid its former CEO, Alan Knott-Craig, to restrain him from working for or advising competitors in the telecommunications industry. He was paid this money after he retired. Included in the amount, which is disclosed in Vodacom’s 2010 annual financial report, released this week, is payment to Knott-Craig for any advice and assistance requested by his successor, Pieter Uys.
The cost of communicating on all three of SA’s mobile operators has risen, not fallen, despite the substantial reduction in wholesale mobile termination rates on 1 March, two industry executives have claimed. Howard Sackstein, CEO of telecommunications company Saicom, who has analysed a large range packages – both postpaid and prepaid – offered by
JSE-listed cellular network operator Vodacom has warned of extensive job losses and damage to SA’s mobile industry if its regulator, the Independent Communications Authority of SA (Icasa), pushes ahead with plans to cut wholesale mobile termination rates next month. In a presentation at Icasa hearings in Midrand on Monday, it has asked the regulator to implement the first proposed cut in the rates in March 2011, and to extend the end of the glide path period
Vodacom is ditching its 24,9% stake in iBurst parent Wireless Business Solutions (WBS) Holdings to increase its chances of being awarded radio frequency spectrum that will allow it to build a fourth-generation (4G) cellphone network. The mobile operator confirmed last week that it would sell WBS so as to be eligible