[dropcap]L[/dropcap]iquid Telecom believes there is a big opportunity to exploit the spectrum assets held by Neotel, the company it acquired…
Browsing: News
All the latest technology news from South Africa and around the world.
Liquid Telecom, which recently concluded the R6.5bn acquisition of Johannesburg-headquartered Neotel, is raising US$700m (about R9bn) in long-term debt as it eyes further investment in network infrastructure in South Africa
At the rate foreign investors are deserting South African stocks, the country’s main index should be in decline. It’s not, thanks largely to two shares that draw their strength from Hong Kong and Zurich. The JSE’s benchmark is up 0.6%
Cell C is seeking to cut its debt by 73% as part of a deal that will help South Africa’s third largest mobile phone operator sell a stake to Blue Label Telecoms while retaining its operating licence, according to two people
Xineoh, a technology start-up based in Bloemfontein, has just secured US$2m in venture capital funding, giving it a valuation of $10m, or more than R130m at the current exchange rate. The company, which specialises in artificial
Uber Technologies CEO Travis Kalanick has resigned, capping a series of controversies that have rocked the world’s largest privately backed start-up. The company confirmed Kalanick’s departure from the top executive’s
Vodacom claims to have become the first telecommunications operator in South Africa to achieve a speed test, across a mobile network, of more than 500Mbit/s. It achieved the speed using LTE-Advanced technology, also
The bitcoin market is “over-inflated” and “very frothy”, despite big risks looming on the horizon, South African Internet entrepreneur – and cybercurrency expert – Vinny Lingham warned on Tuesday. Lingham, who has been dubbed by some media
The venture capital community in South Africa is too risk averse and doesn’t understand the start-up model, particularly when it comes to high-growth start-ups. That’s the view of San Francisco-based South African Internet
Blue Label Telecoms is pushing ahead with a plan to recapitalise Cell C in terms of which it will become a 45% shareholder, through subsidiary The Prepaid Company, in South Africa’s third largest mobile operator. The JSE-listed company said