Internet Solutions may be feeling the pressure from Teraco’s NAPAfrica. The Dimension Data-owned Internet service provider said on Thursday that it plans to become “more open and actively engaged in peering”.
Author: Duncan McLeod
Duncan McLeod
Duncan McLeod is founder and managing editor of TechCentral. With more than 30 years of experience in technology journalism, he has worked for and contributed to a range of publications, including the Financial Mail, the Sunday Times and the Financial Times.
Listed IT distributor Mustek said on Thursday that it expects headline earnings per share to be as much as a third higher in the year to 30 June 2018. The share price rose.
As Blue Label’s share price on Wednesday fell to the same level as its debut price on the JSE 11 years ago, the company’s management team has moved to assure the market that its acquisition of 45% of Cell C was not only well thought through but will deliver the expected returns.
A day after falling 8% on the back of interim results published by Cell C, Blue Label Telecoms shares again took a battering on Wednesday after the group published full-year results.
Shares in Blue Label Telecoms, which owns 45% of Cell C, fell by 8% on Tuesday after the mobile operator reported half-year results to 30 June 2018 that showed a net loss after tax of R645-million.
About 2.5 million people have browsed through the Black catalogue to date, Cell C said of its video entertainment platform on Tuesday alongside its half-year results to 30 June 2018.
Cell C has reduced its net loss after tax in the first half of the 2018 financial year by 33% to R645-million on the back of an 11% improvement in service revenue to R6.9-billion.
In the podcast this week, Duncan McLeod and Regardt van der Berg preview Nvidia’s big graphics card announcement happening on Monday – what can we expect from the GeForce RTX 2080ti. Plus plenty of other tech news.
Adapt IT will continue aggressively to buy back its own “undervalued” shares, CEO Sbu Shabalala said.
Naspers will invest a further $500-million into US mobile classifieds platform letgo. Duncan McLeod interviews Naspers CEO Bob van Dijk and letgo co-founder Alex Oxenford about the investment.