Telecoms South Africa
A Price Has Been Set for MTN’s IHS Tower Deal – Here Are The Details
Sourced from PC Mag After a lengthly competitive process, the MTN Group has announced that its South African arm has finalised a passive tower infrastructure transaction with IHS Towers. The transaction will entail the sale and leaseback of 5,709 of MTN SA’s towers – comprising approximately 4,000 greenfield and 1,700 rooftop sites. The transaction will also include the outsourcing of power and related services (power as a service, or PaaS) across the entire MTN SA site footprint of approximately 12,800 – thus incorporating an additional 7,100 third-party sites. MTN says that one of the key goals of the transaction has been to achieve an “OpCo-friendly” outcome, which, amongst others, aims to ensure: A limited financial impact on MTN SA’s current running cost versus leaseback costs, improv...
Telkom Group CEO to Step Down
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‘Big Business and Small Business Need Each Other Now More Than Ever’ – MTN SA CEO
Godfrey Motsa, CEO of MTN South Africa. In the face of overwhelming adversity and strife, it is a natural human emotion to withdraw from the crisis. Last night, as my executive team and I at MTN ended yet another crisis update, a wave of despondency hit me, and I said out loud, to no one in particular, “I have no more words.” But that doesn’t help, does it? It doesn’t help to have no words. It doesn’t help to remain quiet, to focus only on what matters to my family and the business I happen to run. MTN Faces #SAUnrest Consequences As I write this, MTN South Africa has closed over 100 stores mostly in Gauteng and KwaZulu Natal. Over 100 base stations are currently down, and our technicians can’t safely reach the sites for repairs, due to the ongoing unrest. Over 1000 MTN employees can’t get...
Telecom Giant Orange May Launch in Nigeria and South Africa Very Soon
Sourced from MSNBC. France’s largest telecom group Orange is considering entering the South African and Nigerian markets, according to its CEO. “It could make sense to be in economies such as Nigeria and South Africa,” Orange’s CEO Stephane Richard, says, according to a report by Reuters. “If one considers there are things to do, the time frame I am considering is rather a few months than a few years,” he continues. Richard declined to comment when asked about a possible interest in taking a stake in MTN. Orange and MTN Group have worked together to launch an African mobile payment company, Mowali. Orange has 208 million subscribers, while MTN has 257 million subscribers. /* custom css */ .tdi_3_e4d.td-a-rec-img{ text-align: left; }.tdi_3_e4d.td-a-rec-img img{ margin: 0 auto 0 0; } They ar...
