Author: Duncan McLeod

Tarsus Technology Group CEO Miles Crisp and financial director Joanne Tanner are stepping from the technology distribution company amid a R185-million takeover bid by JSE-listed Alviva Holdings.

Teraco Data Environments has concluded its biggest fundraising round to date, securing R2.5-billion from Absa and other lenders that will be used to build a giant new data centre east of Johannesburg.

Vodacom South Africa boosted investment in its network by 12.3% year on year in the quarter ended 31 December 2020, bringing capital expenditure to R2.7-billion from R2.4-billion in the year-ago quarter.

Icasa has hit back hard at Telkom’s application to interdict the upcoming spectrum auction, warning that if the company is successful, it will serve to entrench Vodacom and MTN’s “duopoly” – the very thing Telkom claims it wants to avoid.

Telecommunications company Huge Group has secured the backing of more than three-quarters of its shareholders for its R795-million pursuit of JSE-listed software services group Adapt IT, it said on Monday.

Communications regulator Icasa said on Friday that it will oppose MTN South Africa’s urgent court application challenging a plan that could see smaller operators get first dibs at a crucial band for 5G telecommunications.

Huge Group has launched a takeover bid for fellow JSE-listed technology company Adapt IT. The all-share bid, at an offer price of R5.52/share, does not enjoy the explicit support of Adapt IT’s board.

MTN South Africa has become the second telecommunications operator to take the industry regulator, Icasa, to court over the upcoming spectrum auction.

The government of Eswatini has backed out of its pledge, made less than two weeks ago, to join the US’s anti-China “Clean Network” programme.

The South African Revenue Service has published its very own Web browser, with support for Adobe Flash, to allow e-filing taxpapers to continue submitting their tax forms electronically.