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Minister warns cell operators of forced rate cuts

Monday, June 25th, 2012

COMMUNICATIONS Minister Dina Pule has urged mobile operators to cut their voice and data charges again, warning she will get the regulator to force prices down if they do not make data and smartphone technology more accessible.

Telkom nationalisation on the cards

Tuesday, June 19th, 2012

Johannesburg - The government, a top shareholder in Telkom [JSE:TKG], could delist and nationalise the struggling telecoms operator, Business Day newspaper reported, citing a source close the communication department.
“The government is looking for a way to direct Telkom to meet its development agenda without being hampered by the rules of the JSE,” the nation’s […]

IFC invests $35m in Africa networks

Thursday, June 14th, 2012

THE International Finance Corporation (IFC), a member of the World Bank Group, would invest $35m in the Convergence Partners Communications Infrastructure Fund to support the development of ICT infrastructure across Africa, Convergence Partners said yesterday.

Telkom determined to execute growth plan

Tuesday, June 12th, 2012

Telkom is contemplating the need for a “plan B”, or “plan C”, after government canned a proposed deal between it and KT Corporation, that would have seen the Korea-based group inject skills and needed capital.

Vodafone’s Africa Inertia Hampers Chase To Narrow MTN Gap

Monday, June 11th, 2012

Vodafone Group Plc (VOD)’s South African unit Vodacom should lead its African expansion if it is to narrow the gap with MTN Group Ltd. (MTN), which has capitalized on its rival’s inertia to build a business three times its size, Investec Asset Management said.

Nigeria, others tasked to boost ICT

Friday, June 8th, 2012

The Deputy President of South Africa, Mr. Kgalema Motlanthe has charged leaders from Nigeria and other African countries to improve on Information and Communications Technology (ICT) as a way to boost the continent’s economy.

Telkom Won’t Pay Dividend To Conserve Funds For Expansion

Friday, June 8th, 2012

Telkom SA Ltd. (TKG), Africa’s biggest fixed-line telephone company, won’t pay a dividend for the year ended March 31 because it plans to use any funds for expansion.

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