At face value, Telkom reported good full-year numbers. However, there are some worrying signs hidden in the numbers.
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Communications regulator Icasa on Thursday decided to extend the emergency allocation of temporary spectrum under the Covid-19 state of disaster regulations until the end of August.
Telkom is open to reaching an out-of-court settlement with communications regulator Icasa over the spectrum auction, though little progress has been made in any talks.
The number of copper fixed lines in service at Telkom has plunged yet again. At the end of March, the company had fewer than 1.3 million customers using copper, down 20% from 1.6 million a year ago.
The digital dividend will be released to telecommunications operators on a province-by-province basis, communications minister Stella Ndabeni-Abrahams said in parliament.
Investors pushed Telkom’s share price more than 5% higher on Tuesday morning after the telecoms operator said it would report a bounce in full-year headline earnings.
Vodacom Group is expanding its financial and e-commerce services in South Africa through a partnership with AliPay, seeking to accelerate growth in a market hampered by a lack of new broadband spectrum.
The Post Office is mounting a campaign to enforce its monopoly over the delivery of small items. If it gets its way, it will inflict long-lasting damage on South Africa’s fledgling e-commerce industry. By Duncan McLeod.
Government’s plan to create a wholesale open-access network “will serve no useful purpose” and could, in fact, harm consumers – the exact opposite of what it’s meant to achieve, the Free Market Foundation said.
Icasa has extended the temporary allocation of emergency spectrum under South Africa’s disaster management regulations by two months. This is after the authority’s spectrum auction was delayed by legal action.