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Mteto Nyati, a former CEO of MTN South Africa and until recently group CEO of Altron, has joined the board of Telkom as an independent non-executive director with immediate effect. He will be appointed as a member of the board’s remuneration and nominations committees from next month, Telkom said. The company made the announcement on Friday...

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Telkom has reported a decline in full-year revenue of 1.1%, to R42.8-billion, with the telecommunications group blaming tough competition and the weak state of the economy for the poor performance. For the year ended 31 March 2022, Telkom reported underlying headline earnings per share growth of 2.5%. Underlying group Ebitda – a measure of operating profit...

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Telecommunications company Telkom and regulator the Independent Communications Authority of South Africa (ICASA) today reached an out-of-court settlement, bringing an end to the High Court litigation over the licensing of high-demand spectrum. In a statement, Telkom says according to the settlement agreement, ICASA will commence with the licensing of the spectrum that remains unassigned in...

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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 has filed papers to oppose rival Telkom’s urgent application to interdict ICASA from proceeding with Invitations To Apply (ITAs) for IMT spectrum. Icasa published the final ITA on 10 December 2021, giving stakeholders until 31 January to submit their applications. MTN South Africa CEO Charles Molapisi said: ‘While the current ITA is not perfect, we believe the regulator has tried to strike a delicate balance for all...

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The new crisis that was looming on the horizon between telecom operators and the regulator has been avoided. After consultation, the two parties found common ground on the operation of the telecom frequencies granted during the Covid-19 crisis. Telecom operators MTN, Vodacom Telkom and even Cell C, Rain Networks and Liquid Intelligent Technologies will use the...