South Africa Telecommunications News

Latest South Africa Telecommunications News

Markets gain on global stocks MTN buyout talk 5 Jul 2008 18:14 GMT
... to 30 151 points. JOHANNESBURG (Reuters) - South Africa's rand gained against the dollar on Monday, ... at 159 rand after the UAE's Emirates Telecommunications Corp (Etisalat) said on Monday it is ... were 2.48 percent higher at 310.50 rand. South African government bonds firmed with the rand and ...
Naspers sells its Greek unit NetMed 5 Jul 2008 17:51 GMT
... Greek telecoms company Forthnet will buy it. (Reuters) - Africa's ... NetMed to Greek telecoms company Forthnet ( South Africa-based Naspers said the agreement put an enterprise ...
Telkom reaffirms it desire to stay independent 5 Jul 2008 17:51 GMT
... Home > Moneyweb > SECTORS > ICT Telkom reaffirms it ... that the expression of interest by Oger Telecoms did not constitute an offer it was ... agreed including Oger Telecom, Cell C, our South African partners (CellSAf), and of course the shareholders ...
India's Bharti says MTN talks still exploratory 5 Jul 2008 17:51 GMT
... (BRTI.BO) on Tuesday said its talks for South African mobile operator MTN (MTNJ.J) were still "exploratory" ... company said in a statement. Harit Shah, telecoms analyst at Mumbai-based Angel Broking, said: "That's ... has said it is interested in the South Africa market, but has not bid for MTN. ...
Is India's largest cell company Bharti Airtel gearing up for a MTN bid? 5 Jul 2008 17:51 GMT
... ultimately bid for MTN but for the South African company, defence rather than just attack now ... This is the conclusion of several local telecoms analysts in response to newspaper reports that ... more competitive than many African markets, including South Africa. However, on the pumped Bombay stock exchange, ...

Is MTN worth more than R200 per share? 5 Jul 2008 17:51 GMT
... Home > Moneyweb > SECTORS > ICT Is MTN worth ... 51% of MTN, which would value the South African company's entire equity at around $37bn. The ... who rate Bharti ``buy'', Bloomberg reported. Singapore Telecom, which owns 30.5% of Bharti is supporting ...
MTN deal talk boost rand 5 Jul 2008 17:51 GMT
... the dollar on Monday. JOHANNESBURG (Reuters) - South Africa's rand gained up to 1.3 percent against ... helping support the currency. The UAE's Emirates Telecommunications Corp (Etisalat) said it was evaluating a ...
Nigerian Dangote buys into SA cement firm 5 Jul 2008 17:50 GMT
... has acquired a 45 percent stake in South Africa's Sephaku Cement for 3 billion rand ($378 ... a subsidiary of Sephaku Holdings Ltd, a South African minerals exploration, development and investment company. The ... spaghetti, as well as hydrocarbons, shipping and telecommunications. The firm listed two of its subsidiaries ...
Oger to go hostile against Telkom? 5 Jul 2008 15:54 GMT
... Dubai-based telecom operator Oger Telecom is disputing Telkom's reasoning ... Oger Telecom will renew its offer to South Africa's largest telecoms operator Telkom after Telkom turned ... agreed including Oger Telecom, Cell C, our South African partners (CellSAf), and of course the shareholders ...
Vodafone heads to Ghana after buying stake in local telecom 5 Jul 2008 04:33 GMT
... to Ghana after buying stake in local telecom By Mikael Ricknäs , IDG News Service , ... has a presence in Egypt, Kenya and South Africa, via its own brand, Safaricom, and Vodacom, ...
Namibia: Understanding Payment Systems [column] 5 Jul 2008 04:29 GMT
... This is the 4th article in a series of articles on ... various merchants in Namibia of Namibian and South African origin active in the National Payment System. ... wants. The Society for World-wide Inter-bank Financial Telecommunication (SWIFT) based in Brussels, Belgium, with processing ...
Telecom firms set their sights on Asian market 5 Jul 2008 04:28 GMT
... that it was in talks with Qatar Telecom to bring its mobile payments business to ... operator Reliance Communications and MTN Group of South Africa continue to discuss a possible combination that ... but said it was interested in the South African market. Meanwhile, Huawei Technologies, a telecom equipment ...
MTN row: RIL fires fresh salvo 5 Jul 2008 04:27 GMT
... New Delhi, July 04: With Anil Ambani moving closer to ... MTN till July 8, after which the South African telecom major will be free to talk to ...
South Africa: Altech Blamed For Net Providers' Licence Delay 5 Jul 2008 04:26 GMT
... EFFORTS to create a more competitive internet market have ... companies that want to build their own wireless networks to compete more effectively with Telkom ... Altech's objection has rankled rivals including Vox Telecom and Internet Solutions, which say it is ...
Court battle looms in Reliance dispute 5 Jul 2008 04:26 GMT
... Published: July 3 2008 23:13 | Last updated: July ... scupper one of the biggest emerging markets telecommunications deals in history. In a statement late ... operator for a controlling stake in the South African group. The deal would create one of ...
ADAG seeks SEBI probe in hammering down of RCOM shares 5 Jul 2008 04:26 GMT
... ADAG seeks SEBI probe in hammering down of RCOM shares ... since starting talks for a deal with South African telecom giant MTN, also alleged in its letter ...
Nigeria maintains lead in Africa telecoms market 5 Jul 2008 01:58 GMT
... has maintained its lead as Africa's largest telecoms market with 47 million active subscribers relegating South Africa to second place with 42.3 million recorded ... newspaper Friday. Recent subscriber statistics of the South African telecoms market which lost its first place ...
Uninet plans 'unlimited' R 39 call package 4 Jul 2008 22:46 GMT
... of UniNet, and plans to revolutionize the telecoms sector in Africa using UniNet as the ... activist and the continents pre-eminent expert on wireless broadband. David continues to serve as executive ... some of the larger service providers in South Africa and Africa as well as other businesses ...
RCom may get fresh equity in MTN 4 Jul 2008 22:36 GMT
... South African telecom major MTN Group is considering issuing as much as 20 per cent fresh equity ...
ADAG seeks probe 4 Jul 2008 22:36 GMT
... the proposed swap deal between Mr Anil�Ambani�s�ADAG�and South African based telecom giant MTN.� RIL�wants to prevent ADAG's�RCom�from becoming ... second letter from RIL�to R-ADAG.�Initially RIL�wrote to South Africa's MTN�that it had the first right of ...
Company news and commentary: Chris Freund ' Investec Asset Management 4 Jul 2008 22:35 GMT
... in Didata. CHRIS BUCHANAN: Tech also encompasses telecoms, and I guess there is so much ... profitability levels are under strain in corporate South Africa, and I don't think this is the ...
Move faster on new policy on diplomatic passports 4 Jul 2008 20:54 GMT
... Corporation, Uganda Airlines and Uganda Posts and Telecommunications among others. 1981: The last remaining Tanzanian ... this with the opponents of apartheid in South Africa, or better still the fighters against colonialism ...
RCom dials Sebi on poor scrip show 4 Jul 2008 18:30 GMT
... The Reliance-Anil Dhirubhai Ambani Group (ADAG) company Reliance Communications ... Industries (RIL) had written a letter to South African telecom company MTN and RCom�which were planning for ...
R-ADAG seeks SEBI probe into R-Com share fall 4 Jul 2008 16:36 GMT
... Mumbai, July 4 (IANS) The Reliance Anil Dhirubhai Ambani ... ongoing the merger-acquisition talks between R-Com and South African telecom giant MTN. In a letter to SEBI, ...
Telecoms Market - Country Maintains Lead in Africa 4 Jul 2008 15:58 GMT
... mobile CDMA 3, 170,000. While fixed wired /wireless 5,676,481. On the other hand, Cellular news ... other hand, Cellular news which reported the South African subscriber numbers emphasised that the uptake of ... the uptake of mobile technology has made South Africa the highest-penetrated sub-Saharan market, with Libya emerging ...