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Shuter’s experience ideal for MTN: analysts

Shuter’s experience ideal for MTN: analysts

Rob Shuter’s background in banking and his experience running a multi-territory operation for a large global telecommunications operator make him an ideal candidate to take the reins at MTN Group next year

Vodacom awards CEO R18m in shares

Vodacom awards CEO R18m in shares

Vodacom has dished out R18m worth of shares to its CEO as part of its forfeitable share plan. In a notice to shareholders on Thursday, the company announced that it had awarded 108 099 Vodacom shares, at a price each

Telkom walks away from Infraco

Telkom walks away from Infraco

Telkom has walked away from talks to buy state-owned telecommunications infrastructure provider Broadband Infraco, TechCentral has learnt. According to a well-placed source, the parties could not agree on price. This was after Telkom completed a due diligence of Infraco. Telkom offered to pay R1 for the troubled company, according to the source, while Infraco was […]

MTN BEE shareholders set to score big

MTN BEE shareholders set to score big

Although black economic empowerment share deals are often complicated in their structure and are at times priced at hefty discounts and have limited liquidity, it appears that investors who have stuck it out in some schemes are

R2/MB could trip up SA’s mobile operators

R2/MB could trip up SA’s mobile operators

The cellular industry may soon become the victim of the next wave of disruptive technology, much as this industry virtually destroyed traditional fixed-line telephony in the late 1990s. This may happen sooner than many think

Why MTN hired Rob Shuter as CEO

Why MTN hired Rob Shuter as CEO

MTN Group named Vodafone Group’s Rob Shuter as CEO, turning to a seasoned executive to lead Africa’s biggest mobile-phone company following the settlement of a record fine in Nigeria. Shuter, a South African who leads Vodafone’s

Rob Shuter is new MTN Group CEO

Rob Shuter is new MTN Group CEO

Former Vodacom and Vodafone executive Rob Shuter has been named as the new president and CEO of telecommunications group MTN after an extensive search. Shuter, who is a previous chief financial officer at Vodacom

Vodacom CEO’s pay doubled to R22m

Vodacom CEO’s pay doubled to R22m

On the back of a solid financial performance in the year ended 31 March 2016, Vodacom Group CEO Shameel Joosub took home R21,8m in pay, R14m of which was made up of a short-term incentive bonus. That’s double the

‘Please call me’ dispute heads to arbitration

‘Please call me’ dispute heads to arbitration

The high court in Pretoria has referred the dispute between the previous funders of the “please call me” case and Nkosana Makate over settlement negotiations with Vodacom to arbitration. The ruling

Maseko delivers on Telkom’s turnaround plan

Maseko delivers on Telkom’s turnaround plan

When Telkom CEO Sipho Maseko took the helm three years ago, the South African company was struggling with record losses and a share price close to all-time lows. Now, the phone operator is

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