Options could include merging the business with other operators or selling a stake in the company.
Browsing: Vodacom
Telkom plans to raise R1-billion by the end of its financial year through the sale to external financial institutions of “qualifying receivables” related to upfront device sales.
The Meta Platforms-backed 2Africa submarine broadband cable, which is being built around the African continent, has been brought ashore in Durban.
The ongoing power crisis is starting to threaten one of the fundamental drivers of South Africa’s digital economy: Internet access.
Vodacom Group delivered a 4.7% increase in normalised revenue, to R30.7-billion, in the quarter ended 31 December 2022.
Michael Jordaan, investor in wireless broadband upstart Rain, said on Tuesday that consolidation in South Africa’s telecoms market is inevitable.
The first-ever submarine broadband Internet cable has been brought ashore in the Eastern Cape, in Gqeberha.
Load shedding is proving to be a hugely expensive problem for South Africa’s mobile operators.
Telkom expects to play host to the launch of the first mobile virtual network operator on its network by year-end.
The top industry executive has warned that extreme load shedding is having a severe impact the telecommunications sector and on consumers.