Newspaper group Times Media has sold its electronic news wire and finance information service I-Net Bridge to rival McGregor BFA, which is owned by Naspers, for R115m. “I-Net’s future prospects are dependent on being able to compete in a relatively small, proprietary market
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Licensed telecommunications operators interested in gaining access to Telkom’s “last mile” of copper-cable infrastructure into homes and businesses have been given insight this week into how the industry regulator, the Independent Communications Authority of South Africa
Just days after saying it would hold off on publishing draft regulations on unbundling Telkom’s local loop, so as to give new communications minister Yunus Carrim a chance to review them, the Independent Communications Authority of South Africa (Icasa) has staged an about-turn and
Open-access telecommunications infrastructure company FibreCo is turning its attention to its next big project after completing construction of a fibre-optic link between Johannesburg and East London. The 1 000km Johannesburg to East London route, which follows
The notion that a Vodacom employee could seek compensation for the idea for the “Please call me” service was “foreign”, former group CEO Alan Knott-Craig testified on Wednesday. “[At Vodacom] we did try and run a company based on respect
Former Vodacom CEO Alan Knott-Craig was accused of being evasive on Wednesday when asked if MTN planned to sue the company for stealing the “Please call me” idea. “Your worship, the witness is being evasive about it,” Cedric Puckrin, acting for former Vodacom
Controversy-plagued former communications minister Dina Pule has been appointed to parliament’s portfolio committee on transport. This is despite the fact that Pule faces a number of ongoing investigations into allegations of corruption and nepotism
Two unions representing workers at the SABC have filed a dispute with the Commission for Conciliation, Mediation and Arbitration (CCMA)…
Emerging-markets private equity firm Actis has agreed to acquire electronic payments specialist Paycorp Holdings, part of South African financial services group Transaction Capital, in a blockbuster deal worth R937m. Paycorp has been a wholly
The invention of Vodacom’s “Please call me” service came under scrutiny when former Vodacom CEO Alan Knott-Craig testified in the high court in Johannesburg, Business Report reported on Wednesday. In Knott-Craig’s biography, Second is Nothing