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Vodacom Group reported a strong 9% advance in revenue in the first quarter of its 2022 financial year, reaching R24.8-billion. If it hadn’t been for rand strength, the figure would have been 14.2%. Normalised group service revenue growth was 7.8% as international (non-South African) growth accelerated, while South African service revenue was up 5.2% to R14.1-billion,...

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Sipho Maseko is stepping down as CEO of the partially state-owned telecommunications group Telkom after nine years in the job. He will depart on 30 June 2022. “The process to appoint a successor is well under way and a group CEO-designate will be announced in the not-too-distant future. Sipho would, for the remainder of his tenure,...

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MTN has announced its intention to invest R350-million into its network in South Africa, specifically within the provinces of Limpopo, Mpumalanga and North West. According to the operator, the intention is to modernise, upgrade, build new sites and transmission links. “We want to bridge the digital divide and create exciting opportunities for communities, businesses and...

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Telkom, a leading telecommunications company in South Africa, has revealed its new music streaming platform, Telkom Music. Launched in partnership with Tencent-owned JOOX, the platform is available from the Huawei AppGallery and Google Play Store. Telkom says that it recognizes the landscape of music streaming is changing and highlights that the stand-out feature of its music...

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South African capital investment and revenue spikes from increased lockdown-related data usage add to Vodacom’s earnings. South African cellular giant Vodacom recorded an 8.3% rise in group revenue in the financial year to March 2021, driven by an 8.2 million rise in its continental subscriber base, as increased data usage for work and entertainment enforced...

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Altron Nexus and the Gauteng Department of e-Government have sealed a last-minute deal to avoid a connectivity shutdown at key provincial institutions, which could have crippled service delivery. Altron had vowed to discontinue offering services over non-payment, in a letter to the State Information Technology Agency (SITA). The suspension of services would have crippled the...

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Less than a year after joining Telkom’s board, former Openserve CEO Alphonzo Samuels has resigned as a non-executive director. Telkom disclosed in a statement to shareholders that the Telkom veteran, who retired from the group in 2019, has given up his directorship “for personal reasons”. At the same time, the company has appointed Olufunke Ighodaro and...