Telkom Group CEO Sipho Maseko has sold more than 112 000 shares in the telecommunications operator, bagging R10.8-million in the process.
Orange is considering a bid for a minority stake in Ethiopia’s state-owned phone monopoly as Africa’s second most populous country prepares to welcome foreign telecommunications investors for the first time.
Vodacom’s business services arm is selling assets in several key markets in the rest of Africa, outside South Africa, the telecommunications group said on Friday.
Dimension Data and MultiChoice Group-owned Vast Networks and mobile operator Vodacom are advancing a pilot project to test offloading of the latter’s traffic onto the former’s Wi-Fi network infrastructure.
Vodacom Group’s unit in the Democratic Republic of Congo has petitioned the nation’s top administrative court to reverse a government order withdrawing its 2G licence.
South African Airways CEO Vuyani Jarana has quit the financially stricken state-owned company, citing a lack of funding and drop in government support for the carrier’s turnaround plan.
MTN Group has identified Ethiopia as a rare country where Africa’s largest wireless carrier will consider expanding beyond its existing footprint.
Vodacom Group’s unit in the Democratic Republic of Congo will lose the right to provide 2G services this week unless it renews a disputed licence, according to a government order.