Mobile operator MTN has demanded that the Independent Communications Authority of South Africa (Icasa) do away with reduced call termination rates, parliament’s communications portfolio committee heard on Tuesday. “We received a letter from one of the big operators, a legal letter, to
Browsing: Vodacom
I often wonder if certain captains of industries are entirely disconnected from reality. It’s the only thing that can explain the breathtaking gall of Vodacom CEO Shameel Joosub, who complained publicly that new regulations would cost his company R1bn in 2015, threatening to sue as a result
Vodacom will lose R1bn in the 2015 financial year if the Independent Communications Authority of South Africa’s final termination rates are not challenged and overturned. That claim was made by the operator’s group CEO, Shameel Joosub, on a call to analysts on Wednesday
Despite a sharp reduction in average voice tariffs in the past year, Vodacom South Africa managed to grow service revenues by 0,6%, with lower prices offset by a 23,3% surge in voice traffic and a 31,2% growth in data revenue. Competitive pricing pressures – Vodacom credits its
The halving of mobile phone termination rates will hurt MTN and Vodacom but benefit smaller operators, Moody’s said on Monday. Vodacom will be hardest hit because it had the biggest share of the South African mobile telecommunications market, with 47%, and the bulk of its cash flow came
Limited trading has begun in Vodacom’s five-year-old, R7,5bn black economic empowerment scheme, YeboYethu, the mobile telecommunications operator said on Monday. Over 100 000 people have a stake in Vodacom South Africa through the scheme. Those shareholders
Spare a thought for Shameel Joosub and Zunaid Bulbulia. The Vodacom and MTN chief executives must feel like they’re being unfairly picked on for running successful, profitable businesses. This week, telecommunications industry regulator Icasa published final regulations that will
Cell C employees began moving into the company’s sprawling new campus, built at the confluence of the N1 and N3 freeways in Woodmead, near Midrand, at the end of last year. The 50 000sq m facility includes a main head office facility, a customer service centre, a new national network
MTN has taken issue with the final call termination regulations announced by telecommunications regulator Icasa on Wednesday, saying the proposed “asymmetry” that benefits smaller operators is “unsubstantiated”. Under the regulations, smaller operators
The Independent Communications Authority of South Africa (Icasa) has dealt a blow to telecommunications operators in South Africa that have more than 20% retail market share, introducing aggressive asymmetry that favours smaller operators