Not enough attention is paid to the extent to which Vodacom, the country’s largest mobile operator, leverages resources from (and executes the global strategy of) parent Vodafone.
Browsing: Telkom
Telkom issued a cautionary notice to shareholders on Tuesday saying it is in discussions in relation to a possible acquisition – and the most likely target is Cell C.
Vodacom spent almost R4.8-billion on expanding and improving its network in South Africa in the six months to 30 September 2018, an 18.2% jump from the same period a year ago.
Telkom on Tuesday warned shareholders that headline earnings per share for the six months ended 30 September 2019 will fall by as much as 40%.
One hundred and sixteen megahertz of bandwidth looks set to be pivotal for South Africa’s successful initial roll-out of next-generation, super-fast mobile 5G networks.
MTN South Africa lost 300 000 customers in the quarter ended 30 September 2019, but still managed to eke out service revenue growth of 0.4%. It ended the period with 28.9 million subscribers.
Long-serving Telkom executive Alphonzo Samuels will retire at the end of March 2020, the company said on Wednesday.
Promoted | The new ICT solutions vendor will address a major customer pain point and stimulate job creation.
A report on Tuesday suggested China Mobile may be about to swoop to the rescue of embattled mobile operator Cell C. Telkom is also rumoured to be circling.
Telkom has launched new Sim-only mobile data plans for “on-the-go customers” that dramatically undercut the prices charged by its rivals.