Ethiopia plans to sell a 5% stake in its state-run telecommunications firm to its citizens as part of measures to break up the monopoly, state-affiliated Fana Broadcasting said on Monday.
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Telkom Kenya has called on the industry regulator to ensure a level playing field, weeks after the company abandoned plans to combine operations with Airtel Africa’s domestic unit.
Vodacom Group has a new chief financial officer. Raisibe Morathi will take on the role from 1 November, when she will also be appointed to the board as an executive director.
Thousands of investors in Vodacom Group’s black economic empowerment scheme, YeboYethu, have failed to claim more than R73-million in dividends owing to them.
The high court in Pretoria has handed a significant and potentially ground-breaking legal defeat to Telkom, and victory to Vodacom, over the use of the former’s ducts used to carry broadband cables.
Liquid Telecom South Africa has made no decision yet about retrenching staff but has begun a consultation process with employees that could – and probably will – lead to job losses in the months ahead.
MTN South Africa is feeling the impact of the lost revenue from former roaming partner Telkom, with the company’s service revenue declining by 2.5% year on year despite a strong operational performance.
Promoted podcast | IoT.nxt has signed a strategic partnership agreement with Vodafone’s UK subsidiary that will see the two companies collaborating in delivering IoT solutions to the mobile operator’s enterprise customer base.
Telkom Financial Services managing executive Sibusiso Ngwenya joins the TechCentral podcast to unpack the news at the weekend that the company is launching a range of financial services products.
Telkom has branched into the competitive space of financial services by launching a life insurance business that it said will initially sell funeral insurance.