JSE-listed telecommunications operator Telkom said on Tuesday that it expects headline earnings per share to rise by as much as a quarter in the six months to 30 September 2020, sending its shares leaping higher.
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MTN South Africa delivered strong subscriber growth in the third quarter of 2020, propelled higher by an advance in prepaid users. This, coupled with surging demand for data, helped lift revenue and margins.
After years of toying with the idea of launching a mobile virtual network operator (MVNO) platform offering, MTN South Africa has finally pulled the trigger on it.
Communications regulator Icasa is putting the cart before the horse in forging ahead with plans to licence access to new spectrum bands before it has concluded an inquiry into the mobile broadband services market.
Telkom dropped a bombshell on South Africa’s telecommunications industry this week when it said it was approaching the Competition Tribunal to object to Vodacom’s roaming agreements with Rain. But why?
Telkom-owned IT services company BCX has initiated a section 189 process under the Labour Relations Act that will see further retrenchments at the company.
South Africa’s fifth mobile operator, Rain, has launched “unlimited 4G for phones”, offering uncapped on-device data for R379/month on a month-to-month contract.
Telkom has approached the Competition Tribunal, seeking to have the spectrum arrangements between Vodacom and Rain declared a merger and therefore notifiable in terms of the Competition Act.
Operators will no longer have to hand back temporary spectrum assignments, awarded to them under the Covid-19 state of disaster regulations, until the spectrum auction is held in March 2021.
Telkom has made several new appointments to various board committees following the announcement of the retirement of directors Santie Botha and Khanyisile Kweyama.