The idea of a pan-African telecoms champion that has a large shareholding by the South African government looks likely to grease the political wheels of MTN’s audacious bid to buy Telkom.
Browsing: Vodacom
Vodacom Group reported a 5.2% year-on-year improvement in quarterly revenue on the back of a “resilient” performance in its home market.
Vodacom Group will retain full ownership of a new subsidiary that will take over its South African tower business, it said on Thursday.
Vodafone New Zealand is selling its mobile phone tower assets to investment firms for NZ$1.7-billion, or about R17.9-billion.
Keabetswe Modimoeng said MTN Group’s proposed acquisition of rival Telkom should be considered seriously by regulators.
Vodacom Group said on Monday that one of its longest-serving directors, David Brown, passed away at the weekend.
The thousands of camera poles deployed by Vumacam provide an ideal opportunity to deploy next-generation 5G broadband into neighbourhoods, Remgro said.
Telkom has reported a decline in full-year revenue of 1.1%, to R42.8-billion. It has blamed tough competition and the weak state of the economy.
Communications minister Khumbudzo Ntshavheni has announced government intends prohibiting the importation and distribution of 2G devices by March 2023.
Promoted | NB-IoT is becoming an integral part of internet-of-things initiatives and is used in applications such as smart streetlights, parking sensors and water metering.