Synergies between the two AIIM-backed networks are being assessed, though no transaction is confirmed yet.
Browsing: Vodacom
Finance minister John Mbadi says the national treasury is confident the sale was lawful and will fight the judgment.
Eleven weeks after Vodacom took control of Safaricom, a Kenyan court has undone the transaction.
Leila Fourie will stand in for chairman Saki Macozoma for nine months before taking a seat of her own.
Co-CEO Brett Levy named the single point of exposure when asked about MTN’s push for direct relationships with the banks.
The banks cannot reach South Africa’s R197-billion informal retail market. Three other contenders think they can.
MTN’s network spending in South Africa fell 17.1% while Nigeria received nearly three times as much in capital investments.
MTN South Africa cut airtime credit from 42% of prepaid recharges to about 34% over the past year.
MTN South Africa lost 1.1 million prepaid users between March and June as it purged credit-dependent customers.
Cell C CEO Jorge Mendes has told TechCentral that the big two would cannibalise themselves chasing MVNOs.