Huge Group, whose bid for Adapt IT is in grave doubt following a rival, all-cash offer from Volaris Group, has accused Adapt IT management of “looking after themselves and not their shareholders”.
Author: Duncan McLeod
South Africa’s communications regulator, Icasa, has signed a memorandum of understanding with the US Federal Communications Commission that will see the two regulators collaborate and share ideas.
Huge Group’s effort to acquire Adapt IT appears to be dead in the water. This is after Canada’s Volaris Group offered shareholders R6.50/share in cash on Wednesday for the JSE-listed software services group.
Eskom said on Monday that it has put “contingency measures” in place to reduce the risk of its reliance on software from US technology firm Oracle, with which it is in a contractual dispute.
National treasury has published a new five-year contract for the supply of “transversal” telecommunications services to government entities worth billions of rand to service providers.
Apple is launching its Independent Repair Provider programme in South Africa and several other markets around the world starting this week.
Icasa has extended the temporary allocation of emergency spectrum under South Africa’s disaster management regulations by two months. This is after the authority’s spectrum auction was delayed by legal action.
The SABC and eMedia Investments have inked a channel carriage agreement that will see the public broadcaster supplying Openview with six television channels – SABC 1, 2 and 3 and three new channels.
Facebook has been interdicted and restrained by the Competition Tribunal from removing GovChat, a communications service used by the South African government, from its WhatsApp instant messaging platform.
Remgro has increased its stake in CIVH, the parent of Vumatel and Dark Fibre Africa, following a rights issue used by CIVH to raise capital for expansion and reduce debt.