Telkom’s share price was down by nearly 6% in late afternoon trading on the JSE on Friday after it announced that government would not support its proposed plan to sell 20% of its equity to Korea’s KT Corp under the terms put forward. The share has declined to levels last
Author: Duncan McLeod
The SA Communications Forum (SACF), an industry lobby group whose members include the SABC and the big telecommunications operators, wants a “return path” built into the government-subsidised set-top boxes that will be used for digital terrestrial television, allowing South Africans to surf the
Telkom has been dealt a giant blow by government after cabinet rejected the fixed-line operator’s plan to sell 20% of its equity to Korean telecommunications giant KT Corp. The news will come as a blow to Telkom’s management team and its CEO, Numbulelo Moholi
Virgin Mobile SA CEO Steve Bailey, who resigned from the company this month, has been appointed as chief commercial officer at Glo, the second largest mobile operator in Nigeria after MTN with more than 25m subscribers. Bailey says he will take up the new role as soon as he receives the
In the wake of news that a highly complex piece of malicious software, apparently developed by a nation-state government and targeting computers mainly in Iran, information security specialist Symantec warns that the number of malware attacks is soaring across the board. Earlier this week, Iran admitted it
In the escalating smartphone wars, the battle for supremacy is being waged between Apple and Samsung Electronics. In the first quarter of 2012, it’s estimated the two companies consumed all of the industry’s profits and 74% of its revenues. Where does this leave BlackBerry’s Research in Motion, Nokia
Cellular operator Cell C may retrench as much as 12% of its workforce as it seeks to eliminate “overstaffing”, TechCentral has established. The company informed its employees this week that a “process of consultation” with them was being started to “streamline the business”. It’s understood that Cell C’s networking
The SA Communications Forum (SACF), an industry grouping that includes the SABC and the country’s biggest telecommunications operators, plans to lobby the department of communications to include a “return path” in the subsidised set-top boxes that the country’s poorer consumers will purchase when
The Flame malware that infected computers across the Middle East and North Africa is a “cyber weapon”, probably developed by a nation state for the purpose of espionage. This is the view of Vitaly Kamluk, chief malware expert at Russia’s Kaspersky Lab, the antivirus company that played an instrumental
A date has been set for the court showdown between JSE-listed Reunert and John Holdsworth and his new company, mobile virtual network operator AppChat. However, the matter will only be heard in early August, more than two months after the parties had expected they would square off in front of a