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Telkom has decided it will press ahead with its legal action against communications regulator Icasa’s spectrum auction, despite the risk that, if it’s successful, it could lose access to spectrum it secured through the recent licensing process. The partly state-owned telecommunications operator also warned investors on Monday that its free cash flow year to date is...

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MTN South Africa is aiming to reach 25% coverage of South Africa’s population with next-generation 5G infrastructure by the end of the year, and 60% by 2025. This is according to the company’s CEO, Charles Molapisi, who was speaking on a conference call with investors on Friday following the conclusion of communications regulator Icasa’s auction of spectrum...

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The Independent Communications Authority of South Africa (ICASA) has confirmed the successful conclusion of the main stage of the IMT spectrum auction, with the assignment round to determine the actual spectrum ranges scheduled to be held on 22 March 2022. The auction involved six qualified bidders – Cell C, Liquid Intelligent Technologies South Africa, MTN, Rain Networks, Telkom...

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Communications regulator Icasa has completed the auction of high-demand spectrum for mobile broadband services, raising R14.4-billion in proceeds for the national fiscus, significantly above the R8-billion anticipated. Vodacom and MTN were by far the biggest spenders in the auction, agreeing to cough up more than R5-billion each for access to bands that will allow them to...

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African Rainbow Capital (ARC) Investments plans to offload its remaining stake in fibre network operator MetroFibre Networks, it said on Thursday. ARC Investments, which is also a 20.2% shareholder in telecommunications operator Rain, holds 8.7% of MetroFibre, according to a company spokesman, who confirmed an agreement has been reached to sell the stake. It isn’t disclosing...