Author: Duncan McLeod

TechCentral sat down with Cell C’s CEO and chief financial officer to discuss the operator’s plan not only to pull itself back from the brink but to put itself on a sustainable financial footing.

Cell C reported a net loss after tax of more than R8-billion in the 12-month period ended 31 May 2019 as the mobile operator battles its own internal cost problems and a weak economy.

South African point-of-sale payments provider Yoco is launching a new, lower-cost POS terminal as it looks to double its customer base from 50 000 to 100 000 in the next year ahead of a further fundraising round.

A day before Blue Label Telecoms reports its annual results, the technology group has announced it will sell various businesses, including part of 3G Mobile, to deleverage its balance sheet.

There have been growing calls on social media for MultiChoice to share Springbok games in this year’s Rugby World Cup with the SABC. This makes little sense if it’s forced on the company. By Duncan McLeod.

Just 10 days after suffering major downtime, Cool Ideas is again blaming a distributed denial-of-service attack for customers’ slow or non-existent connections, this time affecting international services.

The SABC board has slammed the leaking of an internal memorandum authored by two non-executive directors. The document makes a series of serious allegations against the broadcaster’s CEO and chief financial officer.

Shares in Blue Label Telecoms enjoyed a rare upswing on Friday, a day after it issued a trading update that showed its core business continues to perform well despite the ongoing woes at Cell C.

Blue Label Telecoms will take an almost R6.71/share hit to its earnings per share for the full-year to 31 May 2019 thanks to the ongoing woes at Cell C, it warned on Thursday.

Icasa plans to issue an “information memorandum” before the end of the year on the licensing process for high-demand spectrum, finally kicking a process into gear that should have been concluded years ago.