Author: Loni Prinsloo

Nippon Telegraph & Telephone Corp is considering the sale of African operations it acquired with the takeover of Dimension Data Holdings and is open to approaches from interested buyers, according to three people familiar with the situation

Datatec shares jumped by the most on record after the South African IT services company agreed to sell the North and Latin American operations of its Westcon-Comstor business for as much as $800m

Telkom said on Monday that full-year earnings and the dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units. Earnings per share excluding one-time items increased by

[dropcap]T[/dropcap]urkcell’s claim for US$4,2bn of damages against MTN Group will go to trial in the high court in Johannesburg, five years after the case was first brought in relation to the awarding of an Iranian licence in 2005. Turkcell alleges

Naspers is considering the sale of its pay-television business in Africa as sluggish economic expansion in key markets stifles growth and viewers switch to cheaper online alternatives, according to two people familiar with the matter

MTN Group’s former video-on-demand provider, Discover Digital, is starting a new South African online TV service with lender Investec, just days after its partnership with Africa’s biggest wireless operator was cancelled. The closely

Remgro is in talks to sell broadband provider Dark Fibre Africa to Internet Solutions (IS), according to three people familiar with the matter. Remgro, which owns 51,9% of the business, and investment partner

Facebook has increased its number of African users to 170m and plans to expand further by adding Wi-Fi hotspots and fibre-optic cables, in a bid to spread its reach outside of developed markets. The figure is

MTN Group awarded executive chairman Phuthuma Nhleko R72,2m in pay and bonuses last year after he negotiated a reduced fine with Nigerian regulators and shook up senior management. Nhleko, 56, was paid a R30m

Telkom plans to break out its telecommunications towers and real estate assets into a separate unit that may then be listed on a stock market, according to two people familiar with the matter. The new entity would be run by a new, property-focused