Wholesale revenue at MTN South Africa declined by 16.4% in the 2020 financial year after the discontinuation of the company’s roaming supply agreement with Telkom.
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Communications regulator Icasa on Tuesday confirmed that Monday’s court judgment in favour of Telkom means the spectrum auction cannot proceed later this month. The agency is now preparing for a legal battle.
A day after the high court handed Telkom an interdict, halting Icasa from licensing new broadband spectrum at the end of March, Stella Ndabeni-Abrahams has raised mediation as a possible solution to the impasse.
Telkom and e.tv have secured an interdict against Icasa, preventing the spectrum auction planned for later this month from taking place until the merits of their case can be heard by the high court.
The Internet Service Providers’ Association has called for mediation, rather than litigation, to resolve the stand-off between communications regulator Icasa and telecommunications operators over the looming spectrum auction.
Communications regulator Icasa said on Monday that it will delay by a month publication of the names of the bidders who have qualified to take part in South Africa’s upcoming spectrum auction.
Five criminals, who were found guilty on 50 counts of copper cable theft involving infrastructure owned by Telkom and Eskom, have been sentenced to a combined 1 250 years in jail.
I let out a cynical laugh while watching President Cyril Ramaphosa deliver his state of the nation address in parliament on Thursday evening. By Duncan McLeod.
Telkom’s mobile business is still flying. In a financial update for the nine months to end-December 2020, published on Monday, the company said service revenue from mobile soared by more than 40% year on year.
Telkom on Friday said Dirk Reyneke will replace chief financial officer Tsholofelo Molefe, who resigned in December to join MTN Group, also as CFO.