Vodacom, MTN and Cell C will pay Altron a combined amount of about R1,5bn to take over the subscriber base of Altech Autopage Cellular. Interestingly, Altron is receiving less than Reunert did when it concluded a similar deal with the operators to sell the subscribers
Browsing: Vodacom
MTN’s black economic empowerment (BEE) share scheme MTN Zakhele is expected to list on the JSE on 5 November. With a market capitalisation of R8,2bn, MTN Zakhele will be the first BEE empowerment share scheme to list on the JSE’s BEE board from its current over-the-counter
It’s a veritable feast for couch potatoes – or at least those with access to affordable and fast broadband. In the space of just a few months, almost half a dozen new video-on-demand players have been launched in South Africa, promising an alternative to satellite pay
The South African economy may be teetering on the brink of a recession, but that isn’t keeping the country’s telecommunications operators from ramping up their capital spending. Telkom, Vodacom, MTN and Cell C, along with a host of smaller players, are all gearing up to make
Vodacom is in the fibre-to-the-home (FTTH) broadband race against equally well-funded rivals to win it, not to come second, chief officer Vuyani Jarana said on Wednesday. Jarana, who heads Vodacom Business
Vodacom its still confident that its R7bn acquisition of Neotel will go ahead, despite a protracted investigation by the Competition Tribunal and allegations of impropriety by Neotel executives over
Cell C and Vodacom are both pumping hundreds of millions of rand into their networks in the Western Cape to enhance coverage to the province’s residents. Cell C said on Wednesday that it intends
One person who is notably absent among the investors in Alan Knott-Craig’s new venture, HeroTel, is former FirstRand CEO Paul Harris, who had helped bankroll Knott-Craig’s acquisition
When chief justice Mogoeng Mogoeng put it to Vodacom’s counsel, led by Fanie Cilliers SC, that a man who has invented a product out of which the telecommunications giant generated millions must get nothing, attendees at the constitutional court murmured in disagreement
It’s fair to say that MTN’s purchase of Internet service provider Afrihost in late 2014 caught most of the industry by surprise. Not because MTN paid more than R400m for half of the business (which no one knew at the time), but because this meant MTN suddenly owned a consumer ISP