Promoted | Nico Steyn, co-founder and CEO of IoT.nxt, joins TechCentral for a discussion on how the company has grown a year on from Vodacom Group’s acquisition of a 51% stake in the business.
Vodacom Group has moved to simplify its structure, creating a standalone South African operation and appointing an MD, a newly created role that will be filled by Vodafone executive Balesh Sharma.
A giant subsea cable to help bring more reliable and faster Internet across Africa will cost just under $1-billion (R18.7-billion at the time of writing), according to three people familiar with the project.
A massive new submarine broadband cable is to be built around Africa and the Middle East and is being backed by the likes of Facebook, China Mobile, MTN Group, Vodafone Group and Orange.
Telefonica and Liberty Global have agreed to create the UK’s largest phone and Internet operator, a deal that threatens its rivals and marks another industry-defining merger for billionaire John Malone.
Leading MTN Group has come at an “enormous sacrifice”, outgoing CEO Rob Shuter said on Wednesday at a media conference following the presentation of the telecommunications operator’s 2019 financial results.
Vodacom Group sees its African financial services business as a cornerstone of growth as the wireless carrier expands into products such as funeral insurance and loans of as little as $2.