Telkom and Rain have emerged as the winners in the first round of South Africa’s radio frequency spectrum auction.
Browsing: Telkom
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.
President Cyril Ramaphosa has defended the ANC’s long-held policy of a “mixed economy” for South Africa, one where there is a big role for the state. History suggests he’s wrong.
Even as Telkom heads to court, South Africa’s auction of broadband spectrum will take place next month, President Cyril Ramaphosa said in his state of the nation address.
Telkom and Icasa are playing a game of chicken ahead of a planned spectrum auction next month. The stakes could not be higher.
The acting judge president on Tuesday set down the date for a crucial hearing on the licensing of spectrum by communications regulator Icasa radio frequency.