Business Telecoms

Iran could be a gold mine for MTN

MTN’s 49% shareholding in its Iranian business is a prized asset and could help to boost the company’s earnings and valuation in future, according to an executive. Speaking to the Sunday Times, a senior executive close to MTN said the company would benefit greatly from its decision to remain in the Iranian market. The executive stated that if the situation in Iran stabilises, Iran’s mobile market would “make the South

BCX COO Mike Buttner resigns – Report

Business Connexion Group (BCX) chief operating officer Mike Buttner has reportedly resigned from his position. This is according to an email sent to staff by CEO Jonas Bogoshi, which MyBroadband has seen. “His stay may have been short, but it is my personal opinion that Mike Buttner’s brief time with us as COO has been a meaningful and impactful one,” said Bogoshi. “Mike has resigned for personal reasons and he

How MTN’s network has changed over the past year

Speaking at MTN’s results presentation for the six months ended 30 June 2018, MTN Group CEO Robert Shuter said the company has had a solid start to 2018 and has seen continued growth in South Africa. Shuter said MTN was happy with its network rollout and performance in South Africa, with the company continuing to invest in data infrastructure. “I think there is strong momentum in the market. We are

It’s business as usual for now at Dimension Data

It is business as usual for now at Dimension Data, following an announcement from NTT Corporation that the company will be transferred into a new holding company – NTT, Inc. This will take place by Q3 fiscal year ending 31 March 2019, with NTT Communications, Dimension Data, NTT DATA, NTT Security, and NTTi3 transferred to NTT, Inc. – “aligning together under its new leadership”, said NTT Corporation. Following the announcement, MyBroadband spoke to Dimension Data

Computer virus cripples iPhone chipmaker

A computer virus halted several Taiwan Semiconductor Manufacturing Co. factories Friday night, dealing the company one of its most severe disruptions as it ramps up chipmaking for Apple Inc.’s next iPhones. The sole maker of the iPhone’s main processor said a number of its fabrication tools had been infected, and while it had contained the problem and resumed some production, several of its factories won’t restart till at least Sunday.

Liquid Telecom’s growth strategy in South Africa

Liquid Telecom plans to grow its market share in the business arena, with a strong focus on digital transformation and providing customer-centric products. This is according to Liquid Telecom SA CEO Reshaad Sha, who was speaking to MyBroadband from his Midrand office this week. Sha told MyBroadband they have strong assets in South Africa, which include a national fibre network, satellite services, wireless and LTE networks, and data centres. Being

Liquid Telecom exploring partnerships to grow LTE

Liquid Telecom is exploring partnerships to make the most of its spectrum, and enhance its LTE network and its wireless product offerings. This is according to Liquid Telecom SA CEO Reshaad Sha, who told MyBroadband they are looking at numerous partnership models which make sense for them and their partners. Liquid Telecom has spectrum in the 850MHz, 1.8GHz, and 3.5GHz bands, which are suitable for LTE services. While Sha could

Vodacom and Cell C diss Rain over fixed-LTE

Vodacom and Cell C have taken aim at Rain over its decision to halt fixed-LTE product sales from 1 November 2018. The company recently said the popularity of its mobile products and its strong fixed-LTE sales have put strain on its network, requiring it to manage its network capacity by temporarily halting fixed-LTE sales. Vodacom and Cell C, which offer their own LTE services, have taken the opportunity to diss

Altron founder steps down from board

Altron has announced that its founder, Dr Bill Venter, has retired as a non-executive director on the Altron board with effect from 31 July 2018. Venter said he has confidence in the company’s leadership going forward. “I have the utmost confidence in the board and the executive leadership team, who have successfully repositioned Altron on a new path of growth as an ICT company,” said Venter. Altron board chairman Mike

Vodafone’s new CEO faces challenging European market

Vodafone Group Plc Chief Executive Officer Vittorio Colao staked the British company’s future on Europe’s maturing telecommunications market, where business is now shrinking in a challenge for his successor Nick Read. The decline in European quarterly sales that Vodafone reported Wednesday piles pressure on Read to confront new mobile competitors in southern Europe and make a success of its $22 billion takeover of Liberty Global Plc’s German and east European