The deal between Telkom and MTN would have been good for competition in South Africa’s mobile market. That’s the view of MTN South Africa, which on Tuesday reacted to the news that Telkom had decided to walk away
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Telkom’s share price sank by 6,4% on Monday after the company announced it would no longer pursue a deal with rival MTN. This came after the Competition Commission said it would not support the transaction. As investors fretted about the impact
Telkom and MTN have decided to walk away from the deal that would have seen the former outsource management of its mobile radio access network to the latter and the two companies signing a bilateral roaming agreement. Telkom CEO Sipho Maseko said
The Competition Commission has recommended to the Competition Tribunal that the proposed radio access network sharing and bilateral roaming deal proposed by Telkom and MTN be prohibited. The decision is a huge blow for Telkom and MTN. In terms of the
The television entertainment industry in South Africa is in for significant disruption in the next 18 months. And couch potatoes look set to be the biggest beneficiaries as competition intensifies between traditional broadcasters and new Internet streaming providers
The National Consumer Commission (NCC) has launched a full-scale investigation into mobile networks’ price increases for contract subscribers. Major networks Vodacom and MTN announced increases to cellular contract tariffs earlier this year
Telkom CEO Sipho Maseko has reportedly said that at the right price, the company would consider an offer to buy mobile network operator Cell C. This is according to Reuters, which quotes Maseko as saying that Cell C is an “interesting proposition”
WumDrop is South Africa’s app of the year. The start-up was selected as the winner in the best enterprise app category and was also overall winner for its courier and fleet management application in the MTN App of the Year challenge. Developed by Benjamin
Web retailer and technology giant Amazon has announced plans to open an office of Amazon Web Services in Johannesburg. The new office joins the established Amazon Development Centre in Cape Town, which has been in operation since 2004
The double blow of a maturing voice market and a sluggish local economy has not made life easy for South Africa’s telecommunications companies. Vodacom’s revenue was up by only 2,1% to R77,3bn