The company has been forced to retract its announcement asking to make a formal request for a merger with Telkom.
The prospects of a new mega fibre company on the back of fierce competition startled the market, opening the race for Telkom’s assets, say analysts.
The company makes a formal request to present the Telkom board with a proposal which would ultimately result in the merger of the two firms.
In the first half of the year, the telco counted 60.7 million Mobile Money users, who generated six billion transactions worth R1.8 trillion.
The South Korean firm unveils its fourth-generation foldable smartphones – the Galaxy Z Flip4 and Galaxy Z Fold4.
Under MD Kennedy Chinganya, the firm anchors its strategy on enterprise and smart solutions, to reset revenue streams.
Spectrum allocation will enable substantial new telecoms investment, including 5G rollout, says government.
Frogfoot and rival fibre providers partner to introduce a national schools rugby sevens tournament.
Investors pour billions of rands into building a network that aims to connect one million devices.
The new multimedia centre is handed over to Mogale City’s Naga Lipudi Career, Science and Resource Centre.
The partnership will be in effect for another five years, to deliver more services to the South African public.