MTN Roaming
MTN’s Takeover Plans for Telkom Would Need the Government’s Support First
Sourced from Business Tech South Africa’s MTN Group, the largest telecom in Africa and 2nd largest in its home nation has reportedly made a pitch to buy SA’s third largest telecom, Telkom. According to an anonymous insider who spoke to Bloomberg, Telkom has shown no interest in being taken over by the MTN Group. It currently seems unclear if MTN will continue persuing the purchase of the semi-private telecom. “There is no deal on the table in relation to this matter,” MTN said in a statement after inquiries. Telkom itself has yet to comment on the reported offer. Telkom currently has a market valuation $1.94-billion, which pales in comparison to MTN’s valuation of $21-billion. A valuation that has steadily surged following a multi-year asset-disposal programme and a recent spike in the pri...
Paratus & MTN Namibia Sign Country’s First Roaming Agreement
(L to R) MTN MD Elia Tsouros and Paratus Namibia MD Andrew Hall. Paratus Namibia and MTN Namibia announce that they have signed a national roaming agreement, a first of its kind in the Southern African country. The agreement signals that Paratus and MTN customers throughout the country will benefit from the integration of two networks to deliver better and increased national coverage for all. By collaborating, this agreement allows both Paratus and MTN Namibia to expand their own networks and neither operator needs to duplicate mobile coverage in certain areas of the country. This infrastructure sharing deal marks a milestone in Namibian telecommunications history because the cooperation between two operators will provide not only a better mobile LTE service to customers but also a very at...
