MultiChoice Group soared 16% in debut trading in Johannesburg as the pan-African pay-TV company embarks on a new era of independence following a spin off by technology giant Naspers.
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MultiChoice Group made its market debut in Johannesburg on Wednesday morning as a JSE Top40 company with a market capitalisation of about R44-billion shortly after 9am.
Huge Group said on Tuesday that it has won an interdict in a legal dispute between two of its subsidiaries and Cell C, apparently preventing the mobile operator from terminating its services as planned at the end of this month.
Data-only network operator Rain said on Wednesday that it has become the first company in South Africa to launch a commercial 5G network.
King Goodwill Zwelithini is backing the launch of a new mobile virtual network operator in South Africa, which is expected to begin offering services by mid-2019.
Protest action hit the Cell C head office campus in Woodmead, Johannesburg on Tuesday as unionised workers picketed over bonuses.
Samsung Electronics and Huawei Technologies watched as Apple first priced a mass market smartphone at more than $1 000 – and now have upped the ante with new models at almost double that cost.
Vodacom will comply with communications regulator Icasa’s new data expiry rules from this week, but the country’s largest mobile operator has said it will charge users to roll over their unused data.
Helios Towers wants to build a thousand telecommunication towers in South Africa in the next three years as it tries to capitalise on rapid growth in mobile services and shape up for an initial public offering.
South Africa’s first fully fledged smartphone factory is to open at Dube TradePort Special Economic Zone north of Durban, as pan-African investment conglomerate Mara Group proceeds with its plans to invest R1.5-billion into the project.