Browsing: Vodacom

As Telkom walked away from buying Cell C this week, the mobile operator’s parent, the Dubai-headquartered Oger Telecom, has said a sale is not the only option under consideration. Although

Telkom has abandoned a plan to acquire Cell C. The telecommunications operator told shareholders on Thursday afternoon that it had walked away from a deal to acquire South Africa’s third mobile licensee

Cell C has demonstrated download speeds across an LTE Advanced network at the AfricaCom trade show in Cape Town of as much as 138Mbit/s. The operator can’t, however, deploy the technology without

Vodacom’s troubled relationship with the controlling shareholder of its minority partner in the Democratic Republic of Congo is once again emerging as a thorn in the telecommunications

Vodacom’s latest numbers must be deeply worrying for its principal rival, MTN. While the latter is facing immense turmoil – a R75bn fine in Nigeria, the departure of its long-serving group CEO and

Telkom’s possible acquisition of Cell C would result in a stronger competitor to Vodacom and MTN, according to Boyd Chislett, the MD of the soon-to-be-closed cellular service provider Altech Autopage. Telkom on Monday issued a market update

Mobile service provider Altech Autopage has tried to mitigate retrenchments amid the company eyeing a February 2016 shutdown, said its MD. Parent Altron said in a cautionary announcement in May that it planned to sell the subscriber base

Vodacom has performed far more consistently on the stock market than its two principal listed rivals, MTN and Telkom, generating a positive return for shareholders over not only the past 30 and 90 days, but also over a one-year and five-year period. The worst performer

Vodacom is in talks with Netflix and other local and international video-on-demand players with a view to them utilising the company’s billing infrastructure to provide consumers with flat-rate