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.
Browsing: Vodacom South Africa
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.
Nic Rudnick, the group CEO of Liquid Telecom, sees a future for the company beyond simply providing wholesale and retail connectivity. He wants to reimagine Liquid as a technology solutions company.
On the face of it, the Covid-19 lockdown was an inadvertent blessing for South Africa’s telecommunications operators.
Four years after pulling the plug on its M-Pesa platform in South Africa, Vodacom is having another go at fintech and mobile payments in its biggest market, this time in partnership with Chinese’s Ant Financial.
Vodacom Group has moved to simplify its structure, creating a standalone South African operation and appointing an MD, a newly created role that will be filled by Vodafone executive Balesh Sharma.
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.
Despite continued rapid growth in demand for data by customers, Vodacom South Africa eked out a meagre 3.9% increase in data revenue in the 2019 financial year as price cuts and lower out-of-bundle tariffs impacted the top line.
The weak South African economy, coupled with consumers “optimising” promotional data, has led to a surprise decline in Vodacom’s service revenue in the quarter ended 31 December 2019.
Vodacom Group fell the most in more than two months after it reported falling sales in South Africa, where a slower than expected economic recovery dampened consumer spending.