Michael Jordaan, investor in wireless broadband upstart Rain, said on Tuesday that consolidation in South Africa’s telecoms market is inevitable.
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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.
Vodacom Group has completed its acquisition of a controlling 55% stake in Vodafone Egypt from parent Vodafone Group.
Democratic Republic of Congo authorities have sealed the offices and seized the accounts of Vodacom’s operations in the country.
Emirates Telecommunications Group is exploring a potential investment in Vodacom Group as it seeks to boost its international footprint, sources said.
Vodafone Group CEO Nick Read will step down at the end of 2022 following a year when the telecommunications company’s share price sank.
Mobile virtual network operators will double their market share in the next two to three years, according to a new report.