NENT Group has raised SEK 600 million (€56.4m) by issuing 4-year unsecured bonds to more than 20 Nordic investors. The issue has been made within the framework of NENT Group’s established SEK 4 billion medium term note (MTN) programme, and comprised SEK 600 million of notes with a floating interest rate of STIBOR 3 milion […]

Vodacom is the mobile leader in South Africa having grown its market (y-o-y) from 44.3 million active subscribers to 45.77 million as at December 31st 2021. This represent a 42 per cent market share. Second place is occupied by MTN which had (as at September 30th 2021) 33.51 million subs (and a 31 per cent […]

Six telcos have formally applied for to take part in the upcoming spectrum being auctioned by South Africa’s government. The timetable closed on January 31st and six players had entered the auction line-up. They are: · Cell C · Liquid Intelligent Technologies · MTN · Rain · Telkom · Vodacom Telkom is still involved in […]

South Africa’s Telkom, in its High Court action, has proposed withdrawing its objections to the upcoming proposed spectrum auction. But this might not mean a speedy end to its objections. Local reports say that lawyers for Telkom, in a letter to the Court, appear to want instead to see the various parties have a full […]

South Africa’s Telkom has thrown the regulator ICASA’s planned spectrum auction into considerable confusion. Telkom has filed a formal objection with the country’s high court over ICASA’s planned auction saying that it is not satisfied with the way ICASA is managing the process. The auction was due to open in March. According to the filing, […]

South Africa’s telecoms regulator ICASA has made a number of provisional cellular spectrum awards. The licences are only good for seven months (starting on December 1st) and reflect the challenges created by the pandemic and the recommendation that people work from home. The provisional licences are until June 30th 2022, or three months after the […]

South Africa’s communications regulator ICASA was due to face a slew of court actions starting November 15th over spectrum allocations. The actions were cancelled. The legal actions had started and included Telkom, Rain, Vodacom and MTN. The softening comes about because ICASA has now licensed “provisional” spectrum in place of temporary allocations which have been […]

South African cellular operator Vodacom has joined telco Telkom in confronting regulator ICASA over its decision to take back “temporary” spectrum. It means that South Africa’s three largest telcos (including MTN) are all now pursuing ICASA through the Pretoria High Court and arguing that ICASA’s timing is not right. The spectrum was made available in […]