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Articles tagged with: Telkom and Mtn
Telkom Refutes MTN Claims of Network Problems
South Africa's dominant landline operator, telkom has rejected the claims made last week by MTN's Managing Director, Tim Lowry, where he blamed telkom - in part - for the mobile network operators quality of service difficulties. more
Related Tags: landline, South Africa
Competition Brings Big Changes to South Africa's Telecom Sector
South Africa's telecom market is in the midst of a dramatic change, as incumbent fixed-network operator telkom SA faces increasing competition not only from mobile voice and data services but also from competitive fiber network buildouts, according to a new report from Pyramid Research. more
Related Tags: , wimax, driving, capex, cdma, pyramid-research, vodacom, South Africa
Kenya's Subscriber Growth Reaches 40% in 2008
The Kenyan market saw some major developments in the second half of 2008: in Q3, fixed operator telkom Kenya launched a mobile network, and in the last quarter of the year, Econet Wireless finally managed to get up and running, more than five years after it was first awarded a licence. At the end of 2008, there were 15.90m mobile customers in Kenya. Annual net additions stood at 4.55m, up from 4.08m a year earlier, but proportionate growth fell from 56.0% to 40.1%. Fourth-quarter net additions increased from 0.65m in Q4 07 to 1.37 in Q4 08. more
Related Tags: orange, , tim, lte, safaricom, celtel, econet-wireless, Kenya
Econet Denies MTN Interest in Kenyan Network
Econet Wireless Kenya, which trades under the Yu brandname, has refuted local media reports that South Africa's MTN has offered US$450 for a stake in the company. The reports are "rumors," Chief Executive Officer Srinivasa Iyengar told reporters in Nairobi. The story emerged in Kenya's Standard newspaper. more
Related Tags: orange, lte, mobile-number-portability, iden, vas, number-portability, safaricom, essar, celtel, econet-wireless, partner, econet-wireless-kenya, essar-telecom-kenya, yu, Kenya
The Top-10 Fastest Growing Mobile Operators in Mid-East/Africa
The ten fastest growing operators in the MEA region added over 12m new customers in aggregate over the last three months, implying an average gain of over 1.25m. In fact, all but three of the ten managed seven figure gains. more
Related Tags: orange, asiacell, etisalat-egypt, etisalat, vodafone, zain, ipo, irancell, seven, tci
Vodafone Announces Details of Vodacom Investment
Vodafone has confirmed the details of its long anticipated plan to acquire an additional 15% stake in South Africa based Vodacom from telkom SA for a cash consideration of ZAR22.5 billion (US$2.47 billion) less the pro rata consolidated attributable net debt of Vodacom Group of approximately ZAR1.55 billion (c.£0.1 billion). The transaction will increase Vodafone's shareholding in Vodacom Group from 50% to 65%. more
Related Tags: vodafone, vodacom, presence, South Africa
France Telecom Hits it Off with Ugandan Discussions
France Telecom has taken over the national GSM license held by Hits Telecom Uganda and said that it plans to launch a new joint venture company operating under the Orange brand in the coming months. more
Related Tags: orange, wi-fi, wimax, alcatel-lucent, reliance-communications, zain, cdma, reliance, landline, gsm-license, uganda-communications-commission, i-tel, Uganda
Vodafone Confirms Increasing Vodacom Investment - Takes 65% Stake
Vodafone has confirmed a comment from telkom South Africa that it has made a non-binding proposal to acquire a 15% stake in their jointly owned mobile subsidiary, Vodacom. The company has offered ZAR 22.5 billion (US$2.47 billion) less the attributable net debt of Vodacom at the date of signing subject to, inter alia, the listing and unbundling of telkom's remaining stake of 35% in Vodacom to telkom shareholders. more
Related Tags: vodafone, vodacom, South Africa
UPDATE: Telkom Ends Takeover Talks, Discussing Vodacom Offer
JOHANNESBURG -(Dow Jones)- telkom SA, Africa's largest fixed-line phone operator, Thursday said takeover discussions have broken off with a group of investors led by business tycoon Tokyo Sexwale's Mvelaphanda Holdings and including New York's Och-Ziff Capital Management. more
Related Tags: vodafone, vodacom, South Africa
MTN South Africa Plans $185 Million Fibre Spend
MTN South Africa says that it plans to build its own fibre backbone to reduce its operational costs and cut its reliance on the increasingly unreliable landline operator, telkom SA. With a expenditure of some R1.4 billion (US$185 million) on a 5000km fibre optic cable network in major metropolitan areas, the company aims to save some R6.3 billion (US$835 million) in operational costs over the next ten years. more
Related Tags: capex, reliance, landline, fibre-optic, South Africa