All the latest technology news from South Africa and around the world.
The Western Cape will see a “game-changing” infrastructure plan this year, premier Helen Zille said on Friday. This will include delivering broadband to every school in the province by 2014. “The most powerful economic lever in the hands of a provincial government
The sharp decline in Tekom’s share price in recent months could pose a challenge for it in its talks with KT Corp to sell 20% of its equity to the Korean telecommunications firm. Telkom share price has fallen significantly in recent months because of disappointing financial results and, more recently
JSE-listed information and communications technology group Datatec said on Thursday its subsidiary Westcon has agreed to acquire Netpoleon, an Indonesian distributor of IT security, networking and convergence solutions. The value of the deal has not been disclosed. Netpolean also provides managed and training services
Tim Wyatt-Gunning, previously joint CEO of telecommunications company Storm and now CEO of Internet service provider Web Africa, says Telkom should be handed a hefty fine by the Competition Tribunal and that it has by no means reformed its ways as it claims. Storm was one of the companies that lodged
Recently delisted telecommunications company Vox Telecom has continued its tradition of publishing unusual annual reports based on popular magazines. Its 2011 report, published this week, is styled on international men’s magazine GQ. Called VQ, the latest annual report is more risque than previous reports, which have
Least-cost routing specialist TeleMasters has reported an operating loss of R1,4m in the three months to December 2011, from a profit of R5,1m previously, as a result of the loss of two big contracts and the market shift away from least-cost routing (LCR) solutions. LCR providers like TeleMasters had taken advantage
Foreign exchange losses are set to depress Mustek’s earnings in the six months to 31 December 2012, despite a more than 20% increase in sales in the period compared to a year ago. The JSE-listed technology distributor expects headline earnings per share to be between 55% and 65% lower than headline earnings of 36,2cc/share a year
In closing arguments on Wednesday at the Competition Tribunal’s hearings into Telkom’s alleged anticompetitive practices, Competition Commission legal counsel Adv Martin Brassey said Telkom had fought the case at every opportunity and deserved a severe penalty. Brassey said the tribunal should
Gugu Duda has been appointed as the new chief financial officer of the SABC, communications minister Dina Pule announced on Wednesday. “Ms Duda has the relevant qualifications, skills, capabilities and experience required for the position,” the communications ministry said in a statement. She would take up the
American Tower Corporation (ATC), the company that acquired Cell C’s base station infrastructure last year in a R430m deal, has begun building its own mobile telecommunications towers from scratch in areas where operators have poor coverage. ATC SA CEO Pieter Nel says the company has just completed
