Icasa will finally auction access to spectrum for mobile broadband services this week. But a looming court battle could still derail the allocation.
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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.
New Telkom CEO Serame Taukobong has a challenge on his hands: the mobile growth story that underpinned the business in recent years appears to be ending.
Telkom grew its mobile base by just 10% year on year in the third quarter of its financial year to 16.4 million, a marked slowdown from the previous quarter, sending its shares tumbling.