Mobile service and subscription revenue increased 41% to R1.2 billion, and mobile data revenue increased 69% to R711 million.
The operator will not have to pay a $5.2 billion (R74 billion) fine in Nigeria today as expected.
The company increases its investment in mobile advertising company Eyeballs, taking almost full control.
Niel Schoeman, founder and CEO of Vumatel, and Peter du Plooy, CIO of Engen Petroleum, scoop IT Personality, Visionary CIO awards respectively.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
The company has acquired a 24.5% stake of the local arm of In2IT Technologies, a global technology?services firm.
Strong international growth and increased data revenue saw Vodacom's interim group revenue move up 6%.
The telco confirms market speculation that it is in negotiations to buy rival, Cell C.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The "most unfortunate prevailing circumstances" at MTN Nigeria see MTN Group CEO Sifiso Dabengwa fall on his sword and leave with immediate effect.
First National Bank adds coupons and vouchers to its banking app to allow instant savings for customers.
The vehicle tracking company predicts a 16% increase in full-year subscription revenue on the back of strong interim subscription numbers.
Minister in the presidency, Jeff Radebe, says Cabinet trusts that talks between MTN and the Nigerian authorities will bear fruit.
Deputy president Cyril Ramaphosa says MTN's R71?billion fine could hurt SA in the long term if it is imposed by Nigerian authorities.