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Telkom crashes through R30/share as sell-off continues

Thu 09 Jan, 2020

Telkom fell through R30/share on Thursday as the six-month-long slide in its share price — which has now wiped out more than 70% of its market value — continues. The share fell to as low as R29.66 in intraday trading, giving it a market capitalisation of just R15-billion, down from the R50-billion valuation the market had attached to it in mid-2019 when its shares peaked at R100 apiece. It was trading at R29.85 at 3.49pm, slightly off its worst levels ... Read more

Cell C vows to act against 'syndicates' behind number-porting scams

Thu 09 Jan, 2020

Mobile operator Cell C has assured customers it will get to the bottom of illegal number-porting scams. The assurance came on Thursday as some customers grappled with having fallen victim to the scam in which a number is effectively “hijacked” and urgent requests for money are then sent to the victim's contacts.... Read more

Telkom hits 5-year low

Wed 11 Dec, 2019

Telkom’s share price has been hammered over the last six months, and it closed at R40.10 on Tuesday – its lowest in five years. Telkom shares peaked at R99.50 on 11 June, but since then they have more than halved in value as investors lost confidence in the company.... Read more

Please Call Me inventor wants Vodacom to come clean on revenue

Fri 13 Dec, 2019

Nkosana Makate has launched a court application to compel Vodacom to disclose how much profits it generated from the Please Call Me service. He wants to use this information to determine how much money he is entitled to. ... Read more

Vodacom’s goal to cut data and smartphone prices

Sat 04 Jan, 2020

Vodacom had a great 2019, reaching a number of important milestones, and has goals to cut prices in 2020, the network told MyBroadband. Its achievements include reaching Level 1 BEE status, increasing its investment in network infrastructure, and reducing the cost to communicate.... Read more

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Telkom’s move to wireless hits elderly hard - Sat 12 Oct, 2019

Peter Herlihy, 82, is partially deaf and lives alone in a complex estate in Margate. Herlihy considers himself old school and still uses a cradle telephone, but for the last month it has been quiet because there has been no networ... Read more

Telkom slashes mobile data prices - Wed 02 Oct, 2019

Telkom has launched new Sim-only mobile data plans for on-the-go customers that dramatically undercut the prices charged by its rivals. The new plans include a 20GB option (plus 20GB of night surfer data for use between midnig... Read more

Telkom entirely unable to compete in fibre market - Tue 04 Jun, 2019

Telkom financial results for the year ended 31 March 2019 revealed a massive decline in fixed broadband subscribers – down from 981,176 in March 2018 to 847,650 in March 2019.... Read more

PIC pressured MTN to shake up its board – Report - Tue 04 Jun, 2019

MTN Group Ltd.’s biggest shareholder is pushing for changes at Africa’s largest mobile-phone company to avoid the regulatory, legal and political disputes that have cut its share price by more than half over the past four year... Read more

How Telkom’s broadband business has evolved - Wed 29 May, 2019

Telkom’s broadband business has seen a major evolution over the past few years, and while it may be bleeding legacy fixed-line and ADSL customers, its mobile broadband business is booming.... Read more

SpaceX will launch its first 60 satellites to deliver internet from space - Tue 07 May, 2019

SpaceX wants to beam cheap broadband internet all over the planet. It's gearing up for the first crucial step toward making that a reality. Elon Musk's rocket company will try to deliver a batch of 60 satellites into low-Earth orb... Read more

Telkom launches fibre network in Soweto - Fri 17 May, 2019

Telkom marked the 50th anniversary of the United Nations World Telecommunications & information Society Day at Orlando West Secondary School today to celebrate Soweto’s latest accolade as the first South African township to rece... Read more

Vodacom, Telkom on track for roaming move from MTN - Wed 15 May, 2019

Vodacom and Telkom will complete the work they need to do for their roaming agreement by the June deadline, Vodacom Group CEO Shameel Joosub said this week. Speaking to TechCentral after publication of the group’s annual results... Read more

Vodacom, MTN head-to-head subscriber race intensifies - Tue 21 May, 2019

South Africa's two biggest mobile operators, MTN and Vodacom, continue to rake in subscribers and have over 73 million local subscribers between them, and most of their African operations continue to grow.... Read more

Changed your cell number? Your insurer may refuse to pay out if your phone gets stolen - Tue 21 May, 2019

If you changed your cellphone number, your insurer may refuse to pay out when your phone is later damaged or stolen. This proviso is contained in most cellphone insurance policy documents, but many consumers don’t pick up on it ... Read more

Why Telkom will not yet invest in 5G - Mon 06 May, 2019

Telkom, the country’s fourth-largest mobile operator, believes 5G data connections for cellphones will cost considerably more than 4G – and it has no immediate plans to add the much-vaunted technology to its network.... Read more

Mobile subscriber numbers in South Africa - Fri 10 May, 2019

MTN has published its quarterly trading update for the period ended 31 March 2019, outlining its subscriber number changes since the beginning of 2019. The mobile operator saw a service revenue increase of 5.6% year-over-year in S... Read more

MTN launches 1MB auto-renewing data bundle - Fri 10 May, 2019

MTN has launched an auto-renewing data bundle similar to Vodacom’s Data Refill service. The mobile network operator has sent a message to subscribers to inform them that they will be automatically subscribed to the service next ... Read more

Vodacom keeps changing the reason it claims to be SA’s best network - Thu 09 May, 2019

Vodacom is still breaking advertising rules by claiming to be "SA's best network", the appeals committee of the Advertising Regulatory Board (ARB) says – and it is not covering itself in glory by doing so.... Read more

Cell C in deep financial trouble – Drastic measures considered - Mon 25 Mar, 2019

Cell C is in deep financial trouble and the company and its shareholders are now considering drastic measures to save the mobile operator. This is according to well-placed industry sources who told MyBroadband that Cell C continue... Read more

Load shedding will hit data prices, cellphone companies warn - Wed 20 Mar, 2019

South African cellular providers warn that continued load shedding will limit their ability to cut data prices. This as operators spend millions on emergency power supplies and security for cellular towers across the country. R... Read more

Telkom accused of deliberately stalling number porting - Mon 18 Mar, 2019

South Africa launched number portability in 2006 with the ability of mobile users to port their telephone numbers between cellular networks. This facility aimed at boosting competition within the country’s historically-uncompeti... Read more

'My Telkom fraud nightmare' - clients desperate to cancel are easy victims - Fri 01 Mar, 2019

Desperation makes you vulnerable to being scammed - and that is what's been happening to some Telkom customers who have spent months trying to cancel their contracts. Opportunistic fraudsters have been preying on those who have go... Read more

Vodacom blames expensive data on government - Mon 07 Jan, 2019

South African data prices could be much cheaper if network providers weren’t hampered by the state’s delay in allocating 4G radio spectrum, South Africa’s largest cellular network provider Vodacom said on Thursday.... Read more

The astonishing story behind the Please Call Me fight between Vodacom and MTN - Thu 03 Jan, 2019

The battle centres around fair compensation for Makate’s idea which led to the “Please Call Me” service – but many people now know that the service was not his invention.... Read more

Telkom client billed for 2 years after cancelling account - Mon 07 Jan, 2019

Customers who have received service cancellation confirmations from Telkom continue to receive invoices, according to numerous reports we have received – and their bank accounts continue to be debited on a monthly basis.... Read more


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