Lower returns push Patrice Motsepe’s ARC out of Metrofibre
Investment holding company African Rainbow Capital is offloading its 8.7% interest in Metrofibre, which is valued at R268 million.
Motsepe’s TymeBank plans new salary advance products
The digital bank will introduce a buy-now-pay-later product called MoreTyme, as well as salary advance offerings, as it seeks to diversify its client base.
rain, Huawei Cloud collaboration takes rich, interactive learning to home students
The Huawei-ULearning joint online learning solution was deployed on Huawei Cloud and provided to customers as a SaaS solution.
Massive surge in 5G subscriptions predicted in 2021
Ericsson projects 5G mobile subscriptions will exceed 580 million by year-end, driven by an estimated one million new subscriptions every day.
Rain, Telkom rated worst SA telcos; MTN leads customer service
South Africa’s telcos struggled to provide meaningful customer service under lockdown, with Rain and Telkom ranked as the worst performers, says BrandsEye.
Rain finds ‘window of 5G opportunity’ in spectrum impasse
The data-only mobile network operator says the delay in SA’s spectrum auction process is working in its favour, as it aggressively rolls out its 5G strategy.
Rain targets 2m customers, reaches R17.1bn valuation
The mobile network operator aims to rack up two million local customers over the next few years, as it reaches a R17.1 billion valuation.
Patrice Motesepe’s TymeBank, Rain face COVID-19 hiccups
While Rain experienced faced certain ‘customer service challenges’ during the period, TymeBabk is tracking slightly behind its projections to attract clients.
SA’s 2020 broadband market gains to spill into 2021
The market made significant gains in 2020, as a result of the COVID-19 pandemic, and the trend is set to continue next year, says BMIT.
MTN subscribers now get eSIM support on some smartphones
The telco says it is the first operator in SA to support eSIM capability for contract phone subscribers, available on selected Samsung and Apple devices.
Vodacom CEO takes jibe at Telkom over Rain deal
Telkom is trying to restrict the amount of spectrum Vodacom gets at the auction by making noise about roaming agreements with Rain, says Shameel Joosub.