Ethiopia plans to sell a minority stake in the state-owned phone monopoly and award telecommunications licences to two new operators in the first quarter of next year, the finance ministry said.
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Telkom customers are no longer able to force their phones to roam away from their home network after the telecommunications operator switched roaming partners from MTN to Vodacom at the end of June.
Safaricom CEO Bob Collymore, whose push into mobile payments spurred a five-fold increase in the Kenyan company’s value, died after a battle with cancer. He was 61.
Telkom Group CEO Sipho Maseko has sold more than 112 000 shares in the telecommunications operator, bagging R10.8-million in the process.
Orange is considering a bid for a minority stake in Ethiopia’s state-owned phone monopoly as Africa’s second most populous country prepares to welcome foreign telecommunications investors for the first time.
Vodacom’s business services arm is selling assets in several key markets in the rest of Africa, outside South Africa, the telecommunications group said on Friday.
Vodacom Group CEO Shameel Joosub took home 23.9% less in the 2019 financial year after he earned significantly less from short- and long-term incentives.
Dimension Data and MultiChoice Group-owned Vast Networks and mobile operator Vodacom are advancing a pilot project to test offloading of the latter’s traffic onto the former’s Wi-Fi network infrastructure.
Vodacom Group’s unit in the Democratic Republic of Congo has petitioned the nation’s top administrative court to reverse a government order withdrawing its 2G licence.
South African Airways CEO Vuyani Jarana has quit the financially stricken state-owned company, citing a lack of funding and drop in government support for the carrier’s turnaround plan.