MTN and Telkom once again eye the negotiating table
This week, a report from Bloomberg suggests that MTN are once again considering making another takeover bid for rival telco Telkom.
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Tag: South Africa
South Africa looks to consolidate fibre networks of state-owned enterprises
According to recent reports, South Africa is advancing efforts to coordinate and consolidate public fiber infrastructure across state-owned enterprises (SOEs), aiming to improve digital connectivity, reduce costs, and expand high-speed internet access to underserved areas.
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MTN to invest $100m in generators as Eskom fails to keep the lights on
The operator says it has already spent roughly $140 million on generators to support its mobile base stations, and will spend $101 million more by the midpoint of the year to further shore up the network.
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MTN warns of challenging year ahead as net profit falls 83%
MTN’s latest financial results were released on Monday, showing a year-on-year fall in net profit by 83% to $221 million, despite a 6.8% uptick in total revenue to $11.7 billion.
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Vodacom and Eskom sign virtual power wheeling deal
News Vodacom claims that the deal may help get South Africa’s load-shedding energy crisis under...
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Huawei and South Africa begin broadband initiative
News The duo say the partnership will aid the advancement of South Africa’s digital economy South...
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Telkom takeover talks collapse once again
News The South African operator has rejected a takeover offer from the Public Investment...
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Telkom South Africa faces takeover bid as profits nosedive
News The South African operator has received an unsolicited bid from a consortium led by former...
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South African govt urges MTN to find ‘amicable solution’ to Ghana tax woes
News The operator disputes the legitimacy of the $773 million tax bill forced upon it by the Ghana...
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South African operators’ ongoing battle against load-shedding
News As fibre and 5G networks continue to be rolled out at pace, the South African telecoms...
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South African telecoms merger takes a rain check
News Telkom and Rain have ceased acquisition negotiations, saying that a workable deal could not...
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Openserve Set to Launch Range of FTTR Products in 2023
Contributed Article At the 25th AfricaCom (AfricaCom 2022) themed “Driving Inclusive,...
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Vodacom launches National Relay Service to boost digital inclusion
News The service connects deaf, hard of hearing, and speech-impaired customers with a 24-hour...
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South African sunset for 2G & 3G targets 2025
News The refarmed spectrum will be invaluable for improving more modern mobile services, but the...
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