Econet Wireless unit Liquid Telecom has secured US$300m (about R4,3bn) to help fund expansion in Africa and its R6,5bn acquisition of Neotel. Standard Bank is arranging the syndicated loan to help fund the Neotel
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Vodacom has reached an agreement to roam on Wireless Business Solutions’ LTE-Advanced network, according to a report. Vodacom will benefit from WBS’s LTE-A broadband network through a roaming deal
Industrial action could impact telecommunications company Telkom once again, the Communications Workers Union has threatened. In September, the CWU suspended strike against the telecoms
ANC chief whip Jackson Mthembu has filed a defamation suit against SABC executive Hlaudi Motsoeneng, demanding R1m for making “malicious and defamatory” remarks about him
The department of energy will in the next few days unveil South Africa’s new integrated energy plan, minister in the presidency Jeff Radebe said on Thursday. Briefing the media on the outcomes of a cabinet meeting
Online audio distribution platform iono.fm has raised R2,5m in funding from a Clifftop Colony-led consortium made up of South African and international angel investors, the company said on Thursday. Iono.fm provides a
Vox is cutting the retail prices of its “Fat Pipe” home DSL plans to below R1/GB, effective immediately. The price decrease will apply for all new online sales, across its Fat Pipe DSL product range. Existing Fat Pipe customers
Zero. That’s how many payphones Telkom CEO Sipho Maseko wants to retain. “If I could get to zero, I’d be very happy,” he said in an interview with TechCentral on Tuesday. Telkom currently has about 20 000 payphones on its network, down
Seacom has partnered with Indoi to build a new, US$150mtelecommunications cable system to connect Mauritius to Africa and the rest of the world. IOX Cable, a subsidiary of Indoi, has signed a
Cell C will reduce its net borrowings to a maximum of R6bn – from a proposed R8bn previously – Blue Label Telecoms, which is in the throes of buying a 45% stake in the mobile operator for R5,5bn