MultiChoice Group chief financial officer Tim Jacobs has said in an interview with TechCentral that the pay-television broadcaster will “keep an open mind” to any approach by France’s Canal+.
Author: Duncan McLeod
Technology group Alviva Holdings said on Thursday that it has agreed to buy rival Tarsus Technology Group for a maximum consideration of R185.4-million in cash.
MultiChoice Group delivered a 41% year-on-year improvement in core headline earnings per share in the six months ended 30 September 2020, even as revenue barely budged at R26.1-billion.
MultiChoice Group has officially launched its next-generation PVR decoder capable of delivering 4K content and Dolby Atmos audio, and is integrated with rival Netflix and its own streaming platform Showmax.
Telkom’s ICT services business BCX will spin off its data centre business into another Telkom subsidiary, Gyro, and the telecommunications group may then seek external investors.
Podcast | A new emerging markets-focused video streaming platform called Monsooq, developed by multinational media group Mondia, has been launched in South Africa, with the country the first market worldwide to get access.
Telkom’s mobile data revenue surged 54% in the first half of its 2021 financial year, supported by an 81% surge in mobile traffic. However, it’s fixed-line business contracted sharply.
Telkom CEO Sipho Maseko said on Tuesday that the company has briefed its lawyers to “consider and advise” on its available options given its deep unhappiness with Icasa’s invitation to apply for broadband spectrum.
Huge Group subsidiary Huge Cellular has asked former partner Cell C to give it more time to migrate the remaining 15% of customers it hasn’t yet ported to MTN South Africa’s network. Cell C said it won’t get it.
Virgin Mobile, the first virtual mobile network operator to be launched in South Africa, has been placed into voluntary business rescue.