Most valuable telecommunications companies in South Africa

[ad_1] Vodacom is the most valuable listed telecommunications company in South Africa, with a market cap of R221. MTN closely follows it at R209.8 billion. Market capitalisation figures represent the…

Vodacom profit hit by Ethiopia losses but Egypt lifts revenue

[ad_1] A shopper walks past a Vodacom shop in Johannesburg February 4, 2015. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights Half year HEPS down 4.2% Ethiopia business to breakeven in 2026…

Kenya’s Safaricom’s H1 core profit drops by nearly a fifth – ET Telecom

[ad_1] NAIROBI: Kenya’s biggest telecoms operator Safaricom reported on Thursday a 19.1% fall in its earnings before interest and taxes to 41.45 billion shillings ($273.51 million) for the first half…

Mobile money causing cell number recycling headache in South Africa

[ad_1] Cellphone number recycling is resulting in some South Africans losing access to their mobile money, and mobile operators have to reimburse these customers after deactivating their SIMs and allowing…

Blow to Vodacom, Vumatel deal as competition watchdog wants it blocked | Business

[ad_1] The Competition Commission has recommended that Vodacom should not be allowed to buy a large stake in Remgro-owned Vumatel and Dark Fibre Africa. The commission doesn’t see any significant…

South Africa’s Rain moves into the 4G mobile voice space

[ad_1] As promised earlier this year, South African operator Rain is no longer a data-only service provider. It is now part of the country’s highly competitive mobile network space, joining…