Vodacom has drawn a line in the sand over demands from protesters that the telecommunications operator pays the “inventor” of its “please call me” service R70-billion.
Author: Duncan McLeod
A small group of protesters descended on Vodacom’s head office on Thursday to demand Vodacom pays Nkosana Makate, the “inventor” of the “please call me service”, R70-billion.
With Vodacom’s head office in Johannesburg set to be the site of protest action on Thursday by people supporting the operator’s ex-employee, Nkosana Makate, hot-headed politicians would be well advised to avoid inflaming tensions for political gain.
EOH Holdings said on Wednesday that it was cleared of involvement over allegations of misconduct at Eskom.
Vodacom has written a strongly worded letter to Gauteng education MEC Panyaza Lesufi telling him to dial back his criticism of the telecommunications operator over its dispute with Nkosana Makate.
Listed technology group Adapt IT reported a slight decline in revenue and flat earnings in the six months ended 31 December 2018 as the weak South African economy took its toll.
In the podcast this week, Duncan McLeod and Regardt van der Berg discuss why Facebook is planning to make WhatsApp, Messenger and Instagram interopable and the implications of the move.
Vodafone Group has suspended purchases of equipment from Huawei for the core of its wireless networks. However, it’s not immediately clear how this affects Vodacom, which is controlled by Vodafone.
Vodacom Group’s latest trading update, for the quarter ended December 2018, makes for sobering reading, particularly for those invested in the telecommunications sector.
Teraco Data Environments is being acquired by Berkshire Partners, a Boston-based investment firm. The Permira funds, an existing shareholder, will remain a “significant” investor alongside Berkshire.