Telkom’s spending on its mobile network has skyrocketed – with capital expenditure well above guidance – as it invests big money to ensure its network can keep pace with rapidly growing demand.
Browsing: Vodacom
Telkom will terminate 2G services in March 2020, CEO Sipho Maseko said in an interview with TechCentral on Tuesday. It will be the first national operator in South Africa to do so.
Not enough attention is paid to the extent to which Vodacom, the country’s largest mobile operator, leverages resources from (and executes the global strategy of) parent Vodafone.
Vodafone Group returned to sales growth in the second quarter as its toughest European market of Spain showed signs of improvement, in a boost for CEO Nick Read.
Vodacom spent almost R4.8-billion on expanding and improving its network in South Africa in the six months to 30 September 2018, an 18.2% jump from the same period a year ago.
Vodacom Group eked out a 1.2% improvement in normalised operating profit for the six months ended 30 September 2019 on the back of 2.5% growth in both normalised revenue and service revenue.
One hundred and sixteen megahertz of bandwidth looks set to be pivotal for South Africa’s successful initial roll-out of next-generation, super-fast mobile 5G networks.
Safaricom and parent Vodacom Group plan a joint bid for an Ethiopian telecommunications licence that they expect to cost as much as R15-billion.
Safaricom, a unit of Vodacom Group, posted a 14% increase in net income for the six months to September 2019 as revenue growth from mobile money was hurt by a state crackdown on sports betting.
EXCLUSIVE | Icasa is poised to announce a plan to auction off radio frequency spectrum suitable for the roll-out of 5G infrastructure in a move that is likely to be widely welcomed by the telecommunications industry.