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Stock impact report

South Africa's mobile operators granted emergency lockdown spectrum to meet data demand [Reuters]

VODACOM GROUP LTD S/ADR (VDMCY) 
NASDAQ:AMEX Investor Relations: vodacom.com
Company Research Source: Reuters
South Africa's mobile operators granted emergency lockdown spectrum to meet data demand JOHANNESBURG (Reuters) - South Africa’s MTN, Vodacom and Telkom have been granted additional emergency spectrum to deal with a spike in data demand during the coronavirus outbreak, the country’s telecoms regulator said on Friday. The Independent Communications Authority of South Africa (ICASA) said earlier this month it would release the emergency spectrum and invited applications from telecoms firms. Other companies to win additional spectrum included mobile operator Rain Networks and infrastructure provider Liquid Telecoms. The regulator said all successful licensees must support and create virtual teaching and remote classrooms and should not charge for use of any coronavirus-related websites identified by the Department of Health. “The Authority exercised extreme care in the assignment of this temporary spectrum [which is] aimed at alleviating network challenges, easing congestion and ensuring Show less Read more
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