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.
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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.
Kenya’s biggest company by market value, Safaricom, appointed Peter Ndegwa as CEO from 1 April 2020, amid plans for regional expansion and rising competition at home.
Vodacom said on Tuesday that it has begun network-locking some smartphone devices for the first time in many years.
Helios Towers rose 1.8% in London after raising R5.4-billion in a long-delayed share sale that gives investors a foothold in Africa’s fast-growing wireless tower industry.
South Africa’s third-biggest mobile operator has put core parts of the business up for sale as it struggles with R9-billion of debt and deepening losses.
Ethiopia may give up majority control over its telecommunications monopoly in a second phase of privatisation once it’s sold 49% of the company next year.
MTN South Africa has launched embedded Sim technology for postpaid customers. The eSim technology is available on the Samsung Galaxy Watch (42mm variant), it said on Tuesday.
Telkom has launched new Sim-only mobile data plans for “on-the-go customers” that dramatically undercut the prices charged by its rivals.
Telecommunications and technology advisory firm BMIT has warned that South Africa faces complex choices and trade-offs in reaching decisions regarding the awarding of new spectrum licences.