Elon Musk, in his first address to Twitter Inc. employees since purchasing the company for $44 billion, said that bankruptcy was a possibility if it doesn’t start generating more cash, …
Telecommunications
- BusinessGlobal NewsTechnologyTelecommunications
- BusinessGlobal NewsMobile Telecommunications Network (MTN)Southern AfricaSpotlightTelecommunications
MTN in a war against SARS for potentially double-dipping VAT on airtime
MTN and South African Revenue Services (SARS) are battling a case where the mobile network operator demands clarity about how VAT should apply to airtime vouchers according to PricewaterhouseCoopers (PWC) …
- BusinessEconomyNigeriaTechnologyTelecommunications
NCC discovered a harmful app on Google Play Store and warns Nigerians against downloading
The Nigerian Communications Commission(NCC) has warned Nigerians to stay away from mobile applications from the ‘Mobile Apps Group’. According to the commission, the group had been discovered to release apps …
- BusinessEconomyFinance & ServicesSouth AfricaTelecommunications
Concerns about social grants as Telkom threaten to terminate it’s IT service to SAPO
The expiration of Telkom’s contract to supply IT services to the South African Post Office (SAPO) could affect the provision of social grants to millions of South Africans. While reports …
- AirtelBusinessMobile Telecommunications Network (MTN)NigeriaSpotlightTelecommunications
FIRS briefs MTN, Airtel and commercial banks on the collection of VAT
The Federal Inland Revenue Service (FIRS) has appointed telecommunications giants, MTN and Airtel, as well as commercial banks or deposit money banks in Nigeria to withhold Value Added Tax (VAT) …
- BusinessMobile Telecommunications Network (MTN)Southern AfricaTelecommunications
MTN South Africa releases update on service revenue
MTN South Africa has published its quarterly trading update for the three months ended September 2022, revealing that service revenue grew by just 2.2% year-on-year in South Africa. For the third …
- BusinessEconomyINVESTMENTNigeriaTelecommunications
Nigeria’s telecoms industry investment hits over $70 billion in 21 years
The Nigerian Communication Commission (NCC) says the telecommunication industry has recorded over $70 billion investment in the past 21 years. The Executive Vice Chairman of the NCC, Umar Danbatta, said this on …
- BusinessMobile Telecommunications Network (MTN)Southern AfricaTelecommunicationsWestern Africa
MTN asks Nigeria to lift block on tariff hikes
MTN Group Ltd. asked the Nigerian government to reverse a directive cancelling an increase in telecom tariffs implemented by operators last month, citing rising costs in the industry. The local …
- Mobile Telecommunications Network (MTN)NigeriaSouthern AfricaTelecommunicationsWestern Africa
MTN Nigeria comments on the impact of SIM registration rules
MTN Nigeria says it is still feeling the impact of the country’s SIM registration regulations, which restricted the connectivity of unregistered cellphone users on the network, as mobile subscribers declined …
- BusinessInformation TechnologySouthern AfricaTechnologyTelecommunications
Telkom plans to launch consumer 5G products
Telkom plans to launch its consumer 5G products on 17 November 2022, spokespeople for the company have told MyBroadband. The network operator commercially launched its 5G network last week in partnership …