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Telecoms

Vodafone is exploring options for $14bn African unit
16th February 2023 By: Bloomberg

Vodafone Group is exploring options for its African business as investors ramp up pressure on the UK telecom company to boost performance, people familiar with the matter said. The London-listed... 


5G drives CSP revenue growth
15th February 2023 By: Natasha Odendaal

A new report has revealed a correlation between fifth-generation (5G) uptake and revenue growth for communications service providers (CSPs). A special Ericsson Mobility Report, the Business Review... 


Telkom embarks on internal restructure
14th February 2023 By: Natasha Odendaal

JSE-listed Telkom on Tuesday announced that it is preparing to restructure certain operations, impacting up to 15% of its workforce across the group. Hours after posting a fall in earnings for the... 


Telkom’s Ebitda declines in Q3
14th February 2023 By: Natasha Odendaal

JSE-listed Telkom has reported a 13.5% decline in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R2.49-billion during the three months ended December 31, 2022. Telkom’s... 


EOH CEO Stephen van Coller
EOH successfully raises R600m
13th February 2023 By: Schalk Burger

Information and communications technology services company EOH has welcomed the "overwhelming support" from existing shareholders that enabled it to raise R500-million in a rights offer on February... 


Teraco buys Great Westerford building in Cape Town that hosts its CT1
10th February 2023 By: Schalk Burger

Data centre and interconnection services provider Teraco has acquired the iconic Great Westerford building, in Rondebosch, Cape Town, which hosts its CT1 data centre, from Ingenuity Property... 


Paratus Zambia secures gateway licence, right to resell Internet capacity
10th February 2023 By: Schalk Burger

African telecommunications company Paratus has been been awarded a data gateway licence in Zambia from the Zambia Information and Communications Technology Authority (Zicta).  Paratus Zambia can... 


Nokia builds multi-terabit pan-African optical backbone for Liquid Intelligent Technologies
2nd February 2023 By: Creamer Media Reporter

A new agreement between Liquid Intelligent Technologies and Nokia will see the launch of a first-of-its-kind network connecting subsea landing stations in Kenya, South Africa and the Democratic... 


Teraco to expand data centers with $680m in debt funding
31st January 2023 By: Bloomberg

Teraco Data Environments, Africa’s largest data-center company, raised R11.8-billion in funds to assist with its expansion plans and power build-out, said its CFO Samuel Erwin. Just under half of... 


Icasa appoints new CEO
31st January 2023 By: Natasha Odendaal

The Independent Communications Authority of South Africa (Icasa) has appointed Tshiamo Maluleka-Disemelo as its CEO, effective February 1, for a contract period of 5 years. She takes over from... 


Vodacom third quarter growth boosted by Vodafone Egypt
31st January 2023 By: Natasha Odendaal

Telecommunications group Vodacom on Tuesday reported a double-digit growth in revenue during the third quarter of the year on the back of its Vodafone Egypt acquisition and rand depreciation... 


Africa needs modern, harmonised regulations for universal broadband coverage
30th January 2023 By: Creamer Media Reporter

Telecommunications giant MTN Group president and CEO Ralph Mupita has called for the modernisation and harmonisation of regulatory frameworks across Africa as well as the collective effort of all... 


Convergence closes $296m Africa digital inclusion infrastructure investment fund
30th January 2023 By: Schalk Burger

Private equity investment company Convergence Partners has successfully closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296-million, surpassing its initial target by more... 


Montegray Capital founder and CEO Michael Jordaan
Consolidation in telecommunications sector is likely – Jordaan
24th January 2023 By: Natasha Odendaal

Consolidation within South Africa’s telecommunications industry is likely and in line with global trends, predicts Montegray Capital founder and CEO Michael Jordaan. Speaking during a financial... 


Vodacom lands 2Africa subsea cable in the Eastern Cape
23rd January 2023 By: Natasha Odendaal

The 2Africa subsea cable has landed at the Vodacom network facility in Gqeberha, Eastern Cape, marking the third landing on the coast of South Africa of the world’s largest submarine cable system.... 


EOH says final R600m rights offer will reduce interest payments by about R100m a year
19th January 2023 By: Schalk Burger

JSE-listed information and communications technology company EOH has released the final terms of its rights offer that will comprise a combined capital raise from the rights issue and specific... 


EOH expects local, global operating environments to be challenging this year
17th January 2023 By: Schalk Burger

JSE-listed information and communications technology services company EOH said the operating environment in South Africa continues to be challenging and the global economy remains under pressure,... 


Ghana approves sale of controlling stake in Vodafone Ghana to Telecel Group
17th January 2023 By: Reuters

Ghana has granted Vodafone International Holdings approval to sell its 70% stake in Vodafone Ghana to Telecel Group, the country's telecoms regulator said on Monday. The National Communications... 


MTN named best mobile network for 2022
16th January 2023 By: Natasha Odendaal

Telecommunications giant MTN has secured the title of South Africa’s best mobile network for 2022 in MyBroadband Insights’ Mobile Network Quality Report. The yearly report, released on January 16,... 


Ride-hailing inDrive app will cover costs of users' app data
11th January 2023 By: Schalk Burger

Peer-to-peer ride-hailing platform inDrive says all inDrive application (app) users in South Africa can use the service without incurring mobile data costs, as the company will cover the cost for... 


Telkom, Rain drop merger talks
11th January 2023 By: Natasha Odendaal

JSE-listed Telkom on Wednesday announced that talks with data-only mobile operator Rain have been terminated. In September, Telkom received a non-binding proposal from Rain proposing the potential... 


Solar panels, wind turbines and transmission lines
AfDB approves R2.2bn loan to DBSA
20th December 2022 By: Donna Slater

Development finance institution (DFI) the African Development Bank (AfDB) group has approved a R2.2-billion line of credit to the Development Bank of Southern Africa (DBSA) to expand its portfolio... 


EOH shareholders approve raising R600m through rights issue for growth
14th December 2022 By: Schalk Burger

Information and communications technology services company EOH has received unanimous approval from its shareholders at an extraordinary general meeting held on December 13 to raise up to... 


Equinix to invest $160m in South Africa data centre entry
13th December 2022 By: Bloomberg

Equinix plans to invest $160-million to build its first data centre in South Africa, as part of the firm’s African expansion push. The US data centre company will build its first facility in... 


Vodacom completes Vodafone Egypt acquisition
13th December 2022 By: Natasha Odendaal

Telecommunications giant Vodacom Group has completed the acquisition of a 55% stake in Vodafone Egypt from Vodafone Group. The deal became unconditional and officially completed after Vodacom... 


MTN GlobalConnect, MTN South Africa land 2Africa subsea cable in Western Cape
13th December 2022 By: Natasha Odendaal

The 45 000 km 2Africa cable has landed in Yzerfontein and Duynefontein, in the Western Cape, in South Africa, as it prepares to go live in 2023. MTN GlobalConnect, the 2Africa landing party in... 


South Africa’s analogue switch-off set for March 31
9th December 2022 By: Natasha Odendaal

South Africa’s Department of Communications and Digital Technologies (DCDT) is aiming to switch off its analogue signal and end dual illumination on March 31, 2023. Speaking during a media briefing... 


Congo seals Vodacom offices over tax dispute
9th December 2022 By: Reuters

Democratic Republic of Congo authorities have sealed the offices and seized the accounts of the local branch of South Africa's Vodacom over a tax dispute, the company said in a statement. "On... 


Paratus to deliver satellite connectivity in 37 African countries for OneWeb
5th December 2022 By: Schalk Burger

A new gateway being built by telecommunications infrastructure and service provider Paratus for broadband satellite communications company OneWeb, in Luanda, Angola, will facilitate the provision... 


Vodafone Group CEO steps down
5th December 2022 By: Creamer Media Reporter

Telecommunications firm Vodafone Group CEO and director Nick Read has resigned, effective December 31. Current Group CFO Margherita Della Valle has been appointed interim group CEO. 


MTN Ghana on track with non-compliant deactivations
2nd December 2022 By: Natasha Odendaal

Telecommunications group MTN Ghana is on track to restrict all services, by the end of December 2, to the 5.7-million affected subscribers who had not completed both stages of the subscriber... 


MTN says long-running Turkcell litigation dismissed with costs
1st December 2022 By: Creamer Media Reporter

The litigation against telecommunications group MTN contesting the award of its 2005 telecommunications operating licence in Iran has been dismissed with costs. Since 2013, MTN and some of its... 


MTN Ghana implements NCA disconnection directive
29th November 2022 By: Natasha Odendaal

Telecommunications group MTN Ghana is starting the complete disconnection of all SIM cards that have completed the Stage 1 linkage of subscriber registration but have not completed Stage 2 of the... 


Telkom's logo displayed on the wall of a building
Telkom's interim earnings fall on higher costs, including loadshedding-related diesel costs
23rd November 2022 By: Natasha Odendaal

JSE-listed Telkom on Wednesday reported a double-digit decline in earnings and flat revenue for the six months ended September 30 amid a tough operating environment characterised by constrained... 


Infraco appoints interim CEO
22nd November 2022 By: Natasha Odendaal

State-owned telecommunications group Broadband Infraco has appointed Gift Zowa as acting CEO, effective November 16, following the end of term of Andrew Matseke. Zowa, a seasoned executive who... 


Helios Towers South Africa obtains Level 1 BBBEE certification
17th November 2022 By: Creamer Media Reporter

Independent telecommunications infrastructure company Helios Towers’ infrastructure platform Helios Towers South Africa (HTSA) has attained a Level 1 broad-based black economic empowerment (BBBEE)... 


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