Lesotho - Telecoms, Mobile and Broadband - Statistics and Analyses

2021-11-15T08:33:15Z

Telecom regulator opens up market to other operators

Sydney, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Lesotho-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW
After the regulator tried to revoke Vodafone Lesotho’s licence in late 2020, the company fought back and secured a reprieve from the courts. Having considered that one of the difficulties in its relationship with the telco stemmed from its reliance of Vodacom reporting on itself, the regulator in early 2021 secured a system to monitor traffic and billing systems, aimed at protecting consumer rights and safeguarding quality of service.However, the regulator has also assumed the right to approve appointments to managerial positions made by Vodacom Lesotho or Econet Telecom Lesotho, which has been contested by the operators.The dispute also encouraged the regulator to make changes to the market more widely. Although technically the telecom sector is open to competition, in effect it has remained a duopoly, with new entrants only having been able to become players on invitation from the regulator. This changed from October 2020, when amendments made to certain rules came into effect, which removed this restriction and allowed any prospective market entrants to apply for a licence. Licensees must provide services within two years.

Key developments:

  • Vodacom Lesotho transfers its M-Pesa division to a new independent company, VCL Financial Services;
  • Telecom regulator assumes the right to approve telcos’ senior management appointees;
  • ETL expands FttP network;
  • Safaricom and Vodacom Group acquire the M-Pesa brand;
  • Improved internet connectivity following landing of international cables;
  • Universal Service Agency expanding base tower infrastructure in remote areas;
  • Report update includes ITU statistics, regulator’s ICT market report, Telecom Maturity Index charts and analyses, operator data to Q2 2021, assessment of the global impact of Covid-19 on the telecoms sector, recent market developments.




Companies mentioned in this report:

Telecom Lesotho, Econet a, Vodacom Lesotho, Eskom, Comnet.


Read the full report: https://www.budde.com.au/Research/Lesotho-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW

CONTACT: Nicolas Bombourg: nbombourg@budde.com.au
Europe office: +44 207 097 1241
Oceania Office: +61 280 767 665

Globe Newswire News

RSS Australian Mining Releases

  • Xanadu Mines Date of 2024 Annual General Meeting
    TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (“Xanadu” or “the Company”) is pleased to advise that in accordance with ASX Listing Rule 3.13.1, Xanadu will hold its 2024 Annual General Meeting on: Date: Thursday, 23 May 2024Time: 11:00am AESTLocation: Victoria Hotel  215 Little Collins Street  Melbourne Victoria 3000  Australia    The closing date for the […]
  • Drilling Underway at Red Mountain Project
    Figure 1 Map of Mongolia, showing location of the Red Mountain Mining Lease. Figure 2 The Red Mountain Mining Lease with designed drill holes and target locations. Figure 3 Exploration drilling has commenced at Red Mountain. Figure 4 Target 33 showing previous drilling and trenching(2) and planned drilling 2024. Figure 5 Target 10 showing previous […]
  • Kharmagtai Water Supply Drilling Program Recommences
    Figure 1 PFS Water Drilling in ZUK Basin Figure 2 Drilling Water Monitoring Hole at ZUK Basin TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to announce that the hydrological drilling program has re-commenced for the Kharmagtai Pre-Feasibility Study (PFS), which is […]
  • MCB Project Mining Permit granted by Philippine Government
    HIGHLIGHTS The Philippine Department of Environment and Natural Resources has approved MCB’s mining permit on 15 March 2024, valid for 25 years and renewable for another 25 years. The permit grants the Company exclusive rights to undertake rational exploration, development, and commercial production of copper and associated minerals.The issuance of the mining permit will enable […]
  • Xanadu Mines Ltd (ASX Code: XAM) Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)
    TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- This notice is given by Xanadu Mines Ltd (ACN 1144 249 026) (Xanadu Mines or the Company) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act). Xanadu Mines advises that on 4 March 2024, it issued 15,185,328 fully paid ordinary shares at a price of $0.055 per […]
  • Encouraging oxide leach recovery for copper & gold at Kharmagtai
    Figure 1 Oxide Column Leach at DMPS Labs Figure 2 Oxide Layer Over White Hill & Stockwork Hill – Cross Section Looking West Figure 3 Collar locations for drill holes sampled in metallurgical testwork TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased […]
  • Completion of Placement to Zijin Mining
    TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX:XAM, TSX:XAM) (Xanadu or the Company) is pleased to announce that the placement of 15,185,328 fully paid ordinary shares to Jinping (Singapore) Mining Pte Ltd, a wholly owned indirect subsidiary of Zijin Mining Group Co. Ltd (Zijin), at an issue price of A$0.055 per share, […]
  • Completion of Placement to Zijin Mining
    TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX:XAM, TSX:XAM) (Xanadu or the Company) is pleased to announce that the placement of 15,185,328 fully paid ordinary shares to Jinping (Singapore) Mining Pte Ltd, a wholly owned indirect subsidiary of Zijin Mining Group Co. Ltd (Zijin), at an issue price of A$0.055 per share, […]
  • Metallurgical Tests at Kharmagtai Show Strong Sulphide Rougher Flotation Recovery
    Figure 1 Copper Grade vs Rougher Recovery Figure 2 Conventional flowsheet (simplified) Figure 3 Copper Rougher Recovery versus Grind Size Figure 3 Collar locations for drill holes sampled in metallurgical test work TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to provide […]
  • Perseus Mining Half Year Results
    perth, Feb. 23, 2024 (GLOBE NEWSWIRE) -- PERSEUS MINING BOOSTS AFTER TAX HY PROFIT BY 21% TO US$165M & INCREASES NET CASH & BULLION TO US$642M Perth, Western Australia/February 23, 2024/Mid-tier, African focused gold producer, developer and explorer, Perseus Mining Limited (ASX/TSX:PRU) has reported material improvements across all key financial metrics including revenue, EBITDA, profit […]

Stay up to date

Get notified about the latest gold mining news as soon as it happens or choose daily or weekly deliveries.
GET Newsletters
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram