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SA radio frequency spectrum licence auction halted yet again

SA radio frequency spectrum licence auction halted yet again
timeslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timeslive.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , Selby Baqwa , Cyril Ramaphosa , Siyabonga Mahlangu , Communications Authority , Independent Communications Authority , President Cyril Ramaphosa , தகவல்தொடர்புகள் அதிகாரம் , சுயாதீனமான தகவல்தொடர்புகள் அதிகாரம் ,

Spectrum Sale in South Africa in Doubt After Telkom Wins Ruling


South Africa Spectrum Sale in Doubt After Telkom Wins Delay
Bloomberg
3/9/2021
© Bloomberg
The Hillbrow Tower, operated by Telkom SA, in Johannesburg.
(Bloomberg) South Africa’s long-awaited plan to sell more high-speed internet spectrum has been thrown into doubt after Telkom SA SOC Ltd. won a court ruling suspending the process.
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The Independent Communications Authority of South Africa should hold off on the auction and lift a deadline for the submission of final bids while Telkom’s case is considered, the High Court in Pretoria said Monday.
The decision threatens to derail the sale of more than 8 billion rand ($521 million) of broadband spectrum that was approved last year following years of delays, a move designed to help revive the economy and lower data costs. The auction has long been demanded by mobile-phone operators including Telkom, but the former phone monopoly took action after concluding the terms are not t ....

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