JSE-listed Pinnacle Technology Holdings has offered to buy distribution business Axiz Technology for R170m in a deal that could see it become the largest IT distributor in the country. In a statement to shareholders on Tuesday morning, Pinnacle revealed its decision to make the offer to Axiz, which is expected to merge with Pinnacle’s Workgroup business.
Browsing: News
All the latest technology news from South Africa and around the world.
The fixed-line telecommunications market in SA is set for a turnaround, in part because of declining mobile termination rates, says technology research and advisory firm BMI-TechKnowledge. A new report, SA Voice Services Market Forecasts and Analysis, shows that between 2009 to 2014, fixed and mobile revenues are forecast to grow at compound annual growth rates of 3% and 7% respectively.
The fate of valuable broadband spectrum will be decided on Tuesday when the regulator, the Independent Communications Authority of SA, meets to discuss whether to go ahead with a planned auction. Industry insiders say the auction, for radio frequency spectrum in the 2,6GHz and 3,5GHz bands could be canned. The spectrum is ideal for providing the next generation of wireless broadband services.
The Seacom submarine fibre-optic cable system should be back online by late next week after a repair ship arrived at the site of the fault in the Indian Ocean. “The designated ship has been deployed to the location of the fault where it will proceed to locate the cable on the seabed,” a Seacom spokesman says.
Senior managers at Telkom must be brought to book for alleged corruption and fraud at the parastatal, the Communication Workers Union said on Friday. This included managers who were resigning, said union spokesman Matankana Mothapo, who questioned the timing of the resignations.
The Communication Workers Union is “horror-struck by infightings” in the communications department led by minister Siphiwe Nyanda. “We have observed that there is a battle of power that is hampering progress between the director-general Mamodupi Mohlala and the minister of communications,” the union said in a statement on Friday.
The Independent Communications Authority of SA (Icasa) on Friday extended the time for written submissions on the draft numbering plan regulations to 26 July. The communications sector regulator said it had reviewed requests for an extension and decided to change the initial 19 July deadline.
Dimension Data’s telecommunications division Internet Solutions (IS) may make use of some of the innovative technology coming out of Japan’s Nippon Telegraph & Telephone Corp (NTT) as it steps up the roll-out of its own telecommunications network infrastructure. That’s the word from Didata chairman Jeremy Ord, who was speaking to TechCentral a day after the London- and Johannesburg-listed group announced it was being acquired by NTT in an all-cash deal worth R24,4bn.
The Democratic Alliance will refer communications minister Siphiwe Nyanda to the Public Protector. It wants the government watchdog to investigate tenders that Nyanda may be involved in. The DA’s shadow minister for communications, Niekie van den Berg, says the DA will decide later on Friday when it will approach the Public Protector.
Cellular network operator Cell C is about to announce the sale of its 50% stake in Virgin Mobile SA, TechCentral has learnt exclusively from a well-placed industry source. The deal must, however, still be referred to the Competition Commission for approval.