Following a “lengthy competitive process”, MTN Group will sell a big chunk of its South African tower portfolio to IHS Towers in a R6.4-billion deal.
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Openserve, the wholesale division of Telkom, has announced that it will serve as the landing station partner for Google’s massive Equiano submarine cable system in South Africa.
Icasa is making steady progress in meeting the requirements for holding a long-anticipated spectrum auction next year.
Vodacom Group will spin off its South African tower portfolio into a separate business and may seek partners for the newly created entity.
Telkom burned through close to R1-billion cash in the most recent six months.
Telkom, Vodacom and MTN have withdrawn their legal action against the communications regulator over the planned withdrawal of temporarily assigned spectrum at the end of this month.
Following a meeting with the CEOs of six of South Africa’s telecommunications infrastructure operators on Monday, Icasa is moving to license access to “provisional spectrum”.
Telkom CEO Sipho Maseko was responding to questions about a news report which said MTN had made an approach to buy the company.
As Telkom makes plans to list its masts and towers business, Swiftnet, next year, the unit is actively preparing for the mass deployment of 5G in South Africa.
Telkom is considering strategic options for its IT business, including a partnership, it said on Tuesday.