Cell C has net debt, excluding leases, on its balance sheet (prior to a planned recapitalisation) of almost R10-billion, but it still wants to participate in South Africa’s upcoming spectrum auction.
Browsing: Vodacom
Telkom dropped a bombshell on South Africa’s telecommunications industry this week when it said it was approaching the Competition Tribunal to object to Vodacom’s roaming agreements with Rain. But why?
South Africa’s fifth mobile operator, Rain, has launched “unlimited 4G for phones”, offering uncapped on-device data for R379/month on a month-to-month contract.
Standard Bank Group is planning to scale up some of its operations and further digitise its systems to fend off fintech firms encroaching on its client base.
Telkom has approached the Competition Tribunal, seeking to have the spectrum arrangements between Vodacom and Rain declared a merger and therefore notifiable in terms of the Competition Act.
Nic Rudnick, the group CEO of Liquid Telecom, sees a future for the company beyond simply providing wholesale and retail connectivity. He wants to reimagine Liquid as a technology solutions company.
The high court in Lesotho has granted Vodacom an interim order preventing the country’s telecommunications regulator from revoking the company’s operating licence and imposing a R134-million fine.
Lesotho has written to Vodacom Group’s subsidiary in the landlocked Southern African nation, telling it that its “unified licence” to operate has been revoked. Vodacom said it will fight the decision in court.
In this special edition of the TechCentral podcast, Duncan McLeod chats to three top industry experts, Steve Song, Kerron Edmunson and Mortimer Hope, to unpack Icasa’s invitations to apply for spectrum and the Woan licence.
South Africans were cheered this week with three announcements many thought would never come: arrests in relation to state corruption and plans to sell vacant farmland and new Internet spectrum.