If there was anyone still doubting that the price war, triggered in part by communications regulator Icasa’s cuts in call termination rates, is starting to take its toll on South Africa’s mobile industry, they would have been disabused of that notion this week with the news that the Reunert-owned Nashua Mobile is to close down. As many as 600 people
Browsing: Vodacom
Altron is keeping mum about the future of subsidiary Altech Autopage Cellular in the wake of news this week that the cellular service provider’s most direct rival, Reunert’s Nashua Mobile, has decided to sell off its customer base and close up shop. All Altron will say when contacted by TechCentral is that the JSE-listed group
Retrenchments at Nashua Mobile are inevitable following the decision to sell its customer base and to close the business, but parent Reunert says “all options are being considered” to find places for them within the rest of the JSE-listed group and in the broader industry. That’s the word from Reunert spokesman Carina de Klerk
Service provider Nashua Mobile has agreed to sell its MTN and Vodacom subscriber bases to the two mobile operators and is in talks to sell its Cell C subscriber base, too, parent Reunert told shareholders on Monday. Nashua Mobile will receive almost R2,3bn from the sale, before VAT. It appears that the two big mobile
Nashua Mobile will close all of its operations once it has completed the sale of its subscriber base to South Africa’s mobile operators, it said on Monday. The company has promised its customers that they will continue to receive uninterrupted service after announcing that it had reached an agreement to sell most of its subscriber
French telecommunications group Orange is playing down the impact on it of the expected imminent closure of Nashua Mobile, in whose stores it was building a brand presence. Nashua Mobile parent Reunert said on Monday it had entered into agreements to sell its subscriber base to MTN and Vodacom, and that it was engaged
MTN may have just kick-started a new price war in South Africa’s mobile industry. The telecommunications operator has cut prepaid rates to 79c/minute to all networks, although only on a promotional basis for the next three months, until 9 July. The move comes just two weeks after a high court judge ordered that mobile
There appears to be no stopping the rise in Telkom’s share price. The counter added nearly 5% on Thursday, to close near the R40 mark. It’s now flirting with levels last seen in 2010, after it offloaded its 50% stake in Vodacom to Vodafone and to shareholders. The share closed at R39,70, up by 4,1%, after having touched
TechCentral’s recent interview with Herman Singh, Commerce is mobile’s fourth wave, is interesting coming in the same week that his employer, Vodacom, was part of a court action to preserve its unreasonably high mobile termination rights arrangement. Vodacom, along with MTN, threw everything it had into
Bewilderment. That’s the word that best described the look on the faces of mobile communications industry executives crammed into a courtroom on the 11th floor of the high court in downtown Johannesburg on Monday afternoon as they listened to judge Haseena Mayat hand down her decision in a key industry battle