Telecommunications operator Telkom has increased its full-year dividend by 16%, from 125c/share to 145c/share, despite turning in disappointing financial results in the 12 months to 31 March 2011. “The ordinary dividend has been calculated
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SA’s fourth mobile network operator, 8ta, had 473 604 active subscribers on its books at the end of March 2011, its parent Telkom has disclosed. Of those, the vast majority — 440 775 — are prepaid subscribers. The company had 32 829 contract
BlackBerry maker Research In Motion’s regional director for sub-Saharan Africa, Deon Liebenberg, has resigned and will join rival Samsung, TechCentral has learnt from well-placed sources. Liebenberg, who has been at RIM for the past five years, declines
Worldwide Internet traffic will quadruple by 2015 with nearly 15bn fixed, mobile and machine-to-machine connections fuelling the growth. According to Cisco’s fifth annual Virtual Networking Index report, there will be nearly 3bn Internet
Global payments giant Visa is buying Cape Town-based Fundamo, a mobile payments company focused on emerging markets, for $110m in cash. Fundamo is privately held by a group of SA investors, including Sanlam, Remgro and HBD Venture Capital
MultiChoice wants to use its DStv Mobile platform to extend television services into markets where people don’t subscribe to or can’t afford traditional pay-TV services. DStv Mobile, which uses the digital video broadcasting handheld standard to deliver
The GSMA, a cellular telecommunications industry association, says there will be more than 500m broadband connections worldwide using third-generation mobile high-speed packet access (HSPA) technology by the end of this month. Also, the first 1m connections
The Competition Tribunal on Wednesday morning approved Reunert’s acquisition of ECN Telecommunications without conditions. The Competition Commission earlier assessed the deal and concluded that it was unlikely to lead to a substantial lessening of
The Advertising Standards Authority (ASA) has dismissed Cell C’s appeal against a portion of a ruling handed down by its directorate on 6 October 2010 concerning various complaints about its use of the term “4Gs” in its advertising campaigns. Vodacom, MTN and
Vodacom has again taken exception to Cell C’s television advertising campaign, flighted in early April, in which it took the mickey out of its bigger rival’s decision to rebrand to the red corporate colours of its UK parent, Vodafone. At a hearing