MTN hires Citi and Standard Bank for South African tower deal

MTN Group Ltd. appointed Citigroup Inc. and Standard Bank Group Ltd. to advise on a sale and lease back of some of the carrier’s South African telecom towers, according to people familiar with the matter. Africa’s largest mobile-phone company by sales is looking to...

Telkom withdraws part of its spectrum court challenge

The Independent Communications Authority of South Africa (ICASA) has announced that Telkom has withdrawn part of its court application against it. “Following the recent media reports about Telkom launching a court application in respect of the Invitation To Apply...

South Africans burn down 5G towers over COVID-19 fears

Three cellphone towers in KwaZulu-Natal have been burnt and destroyed as a result of conspiracy theories that link the emergence of COVID-19 with the rollout of 5G infrastructure. Minister of Communications and Digital Technologies Stella Ndabeni-Abrahams released a...

Rain’s biggest successes of 2020

2020 was a difficult year for South African businesses, but mobile network operator Rain believes it was still successful this year despite the challenges it faced. The mobile network operator offers mobile data plans in South Africa’s largest cities that offer...