Hefty price cuts to retail broadband prices are likely imminent, at least for the speediest fixed-line products, after Telkom this week took an axe to wholesale prices, reducing fees by up to 37%. In an effort to spur demand for higher speed broadband services based on
Author: Duncan McLeod
Online retailer Takealot.com has acquired 100% of the equity of Superbalist.com, a design and apparel online retailer founded four years ago. The deal comes just three months after Takealot announced that it had raised more than R1bn from Tiger Global Management, an international investment
The latest financial results from JSE-listed Blue Label Telecoms, for the year ended May 2014, provide insight into just how challenging telecommunications operator MTN is finding the intensified levels of competition in South Africa’s mobile market
Technology group Pinnacle Holdings has moved to reassure its investors following a sharp decline in its share price in recent days. Since the company published a trading update on 8 August, in which it warned that its headline earnings per share for the year to end-June could have
JSE-listed Blue Label Telecoms has reported a 6% improvement in headline earnings to R451m in the year to May 2014. This came on the back of an improvement in gross profit margins from 6,7% to almost 7% and a slight uptick in revenue to R19,4bn. Losses at its Mexican business
MTN South Africa has secured a tender from City Power, Johannesburg’s electricity supply agency, to turn lampposts into cellular base stations in a move the operator believes will go a long way to solving coverage challenges not
Telkom’s Internet service provider intends enforcing its fair-use policy on its customers in what the operator claims is “in the spirit of enhancing the Internet experience of all its users”. Until now, Telkom ISP – the name of its service provider business
Durban-based technology services company Adapt IT has grown headline earnings per share by 55% to 34,55c in its 2014 financial year, which ended in June. That was on the back of a 34% rise in revenue to R406,3m and a 69% improvement in operating profit to R49,6m. On the
As the debate over network neutrality rages in the US, South African Internet service providers, through their industry association, have urged communications regulator Icasa to steer clear of crafting regulations dealing with the contentious issue — at least for now. But what’s
President Jacob Zuma must tell communications minister Faith Muthambi to back off and allow telecommunications and postal services Siyabonga Cwele to do his job when it comes to South Africa’s long-delayed project to migration from analogue to digital terrestrial television. That’s the view of Democratic Alliance MP Marian Shinn, who says a turf war











