Telecom

Nashua Mobile sells Cell C subscriber base to Altech Autopage

Nashua Mobile sells Cell C subscriber base to Altech Autopage

Nashua Mobile has sold its portfolio of Cell C subscribers to Altech Autopage for R91.5 million. Johannesburg-listed firm Reunert has earlier indicated that it would sell its Vodacom and MTN subscribers to raise funds. Nashua Mobile is owned by Reunert.

The wholly owned subsidiary of Altron, Altech Autopage will pay half of the payment upfront for 65,000 subscribers of Cell C.

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Verizon set to launch improved 4G speed for urban users under ‘XLTE’ banner

Verizon set to launch improved 4G speed for urban users under ‘XLTE’ banner

According to reports making rounds on many technology news websites, US wireless carrier Verizon apparently has efforts underway to soon announce improved 4G speeds for urban users, under its 'XLTE' banner.

The disclosure of Verizon's plans to launch 'XLTE' banner for urban areas was first made by Droid-Life and @evleaks in a TV ad. Droid-Life asserted that Verizon will probably roll out its rebranded 'XLTE' service in big cities as early as May 19.

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Cell C Starts another Price War

Cell C Starts another Price War

The third largest mobile services operator in the country has announced another reduction in calling rates for prepaid consumers to 66c. Cell C CEO Jose Dos Santos said that his company is committed to provide value for money to consumers. Cell C will also reduce the price for contract customers to 79c.

The new rates will be applicable from June 1. Further, Cell C will bill consumers on per second pulse. Cell C has certainly improved its market share compared to Vodacom and MTN in the recent months.

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Telkom to Cut Jobs to Improve Margins

Telkom to Cut Jobs to Improve Margins

Telkom SA has planned middle management level job cuts to reduce the costs. The company announced that the latest job cuts will impact white, male employees as it aims to comply with Employment Equity Act. The decision of Telkom management will impact 2,600 managers.

The largest fixed line telecom operator in the country has planned to cut down the expenses to improve profit margins. Pretoria based Telkom announced that the latest decision to cut jobs for majority of white employees has been taken to improve the percentage of black employees in the company.

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Sprint matches T-Mobile's pre-paid plan with its own

Sprint matches T-Mobile's pre-paid plan with its own

According to a Bloomberg report, third-ranking US wireless carrier Sprint has recently matched rival T-Mobile's pre-paid plan with one of its own.

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T-Mobile to Offer $100 Credit for Upgrade to Blackberry Users

T-Mobile to Offer $100 Credit for Upgrade to Blackberry Users

John Legere, CEO of T-Mobile, announced that the company is offering a credit of $100 to its existing Blackberry users for upgrading to any new device including the BlackBerry Z10 and Q10. He said that the scheme will remain valid throughout the year.

During the past few days, the strong relationship between T-Mobile and Blackberry turned sour because of launch of an e-mail campaign. As per the campaign, T-Mobile was found involved in targeting BlackBerry users to offer them a free upgrade to the Apple iPhone 5S.

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MTN and Telkom Sign Agreement for Resource Sharing

MTN and Telkom Sign Agreement for Resource Sharing

MTN SA and Telkom have signed an agreement to share network to reduce inter-operator charges. The Heads of Agreement (HoA) will enable both the telecom companies to work together and roam on each other’s network. MTN will also rollout and operate Telkom’s radio access network.

The capital expenditure intensive network infrastructure is major issue for every telecom company. With the new agreement, Telkom and MTN will save on capital expenditure and will also reduce operating costs.

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MTN Reports 10 Percent Growth in Subscribers; Higher Profit

Sifiso Dabengwa - MTN Reports 10 Percent Growth in Subscribers; Higher Profit

Telecom major MTN has reported nearly 10 percent increase in number of subscribers on its network and 27 percent increase in full-year earnings. MTN added 9.3 million new subscribers in Nigeria. In South Africa, the subscriber based swelled by 279,000.

The competition in the South African market has hit the company revenues in its home market. The company reported higher revenue in Nigeria compared to South Africa. MTN’s South African operations have been leading the revenue in the consolidated earnings of the telecom major.

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Telecom Infrastructure major IHS Raises $490 million

Telecom Infrastructure major IHS Raises $490 million

Telecom power group IHS has raised $490 million through equity dilution and debt. The funds will be used for expansion of telecom towers, improving the coverage and on alternative energy.

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MTN announces One Price for International Calling across All Plans

MTN announces One Price for International Calling across All Plans

MTN South Africa has announced one price for international calling for prepaid, postpaid and top-up customers. The new pricing will be effective March 1, 2014 and will automatically apply to all network subscribers.

To keep consumers with its network MTN was running international calling promotional price, the plan which expired on February 28. Brian Gouldie, chief marketing officer at MTN South Africa said that the new plans are simple and will help people connect with their dear ones at low cost.

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