Fast-growing and privately held pan-African telecommunications group Liquid Telecom majority owned by Econet Global has agreed to acquire a controlling stake in Neotel for R6,55bn. The deal comes just months after Vodacom was forced
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Econet Wireless Global affiliate Liquid Telecom agreed to pay R6,55bn for South African telecommunications operator Neotel, creating the continent’s largest broadband network and business-to-business phone
Telecommunications company Neotel expects regulators to approve the sale of its business to Econet-owned Liquid Telecom before the end of March 2017. India’s Tata Communications, which owns a controlling stake in Neotel, announced on Tuesday
Allow me to venture a theory… The reason out-of-bundle mobile data rates are (largely) still R2/MB is to help shore up operators’ cratering voice revenue. R2 is an arbitrary number, a relic from over a decade ago, but it’s a stubborn
Rob Shuter’s background in banking and his experience running a multi-territory operation for a large global telecommunications operator make him an ideal candidate to take the reins at MTN Group next year
Vodacom has dished out R18m worth of shares to its CEO as part of its forfeitable share plan. In a notice to shareholders on Thursday, the company announced that it had awarded 108 099 Vodacom shares, at a price each
Telkom has walked away from talks to buy state-owned telecommunications infrastructure provider Broadband Infraco, TechCentral has learnt. According to a…
Although black economic empowerment share deals are often complicated in their structure and are at times priced at hefty discounts and have limited liquidity, it appears that investors who have stuck it out in some schemes are
The cellular industry may soon become the victim of the next wave of disruptive technology, much as this industry virtually destroyed traditional fixed-line telephony in the late 1990s. This may happen sooner than many think
MTN Group named Vodafone Group’s Rob Shuter as CEO, turning to a seasoned executive to lead Africa’s biggest mobile-phone company following the settlement of a record fine in Nigeria. Shuter, a South African who leads Vodafone’s