The auction of mobile broadband spectrum will continue into next week after already raising more than the R8-billion expected.
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The cabinet has decided to scrap government plans to license a wholesale open-access network in South Africa.
In a blow to shareholders who had been hoping for an imminent “value unlock”, Telkom has elected to postpone the separate listing of Swiftnet.
MTN South Africa has reported strong earnings growth, with all business units performing well in the year to 31 December 2021.
Telkom and Rain have emerged as the winners in the first round of South Africa’s radio frequency spectrum auction.
Telkom has asked the high court in Pretoria to impose a “structural or supervisory” interdict on communications regulator Icasa over spectrum licensing.
Icasa will finally auction access to spectrum for mobile broadband services this week. But a looming court battle could still derail the allocation.
MTN Group’s share price topped R200/share on Wednesday, the first time the JSE-listed telecoms giant has touched these levels in nearly seven years.
Government intends to make it mandatory for all metal traders to get licences and prevent them from dealing in cash.
Icasa has vetted and approved all six companies that bid to take part in next month’s radio frequency spectrum auction for mobile broadband services.