Vodacom will pay its shareholders a dividend of R2,7bn, or R1,80/share, an increase of 63,6% on a year ago, as a result of strong growth in cash generated from operations.
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The Wireless Application Service Providers’ Association (Waspa) has warned mobile consumers to be on the look-out for scams that use the names of its members to deceive victims into parting with their money.
Broadband is becoming big business for Vodacom. Its interim results for the six months to 30 September, released on Monday, show a surge in data revenues year-on-year of 41,1% to R2,9bn.
It’s a deal that’s been a long time coming. After many months of careful planning and negotiation, Cell C will sell 3 200 of its cellular base stations to US-based American Tower Corp (ATC) for US$430m (R2,9bn). The company will use the money to restructure its balance sheet.
Retail group Spar has teamed up with Telkom and international network optimisation company Expand Networks in a R20m deal to boost the speed of the 900 telecommunications links that connect its franchise stores.
Google is continuing to tailor its search engine and other online tools for the SA market, on Friday announcing its mobile voice search facility is now also available in Zulu and Afrikaans, in addition to English. The service, available immediately, allows users
Politically connected millionaire businessman Robert Gumede’s ex-wife has told the Mail & Guardian how she transferred R100 000 on his instruction to the account of a company belonging to a senior Telkom executive’s wife.
The ANC Youth League may be serious about its warnings to those who create fake Twitter accounts in the name of its president Julius Malema, but it seems to be the only one taking it seriously.
The department of justice has yielded to requests from the mobile operators to extend the deadline by when consumers have to register their Sim cards. The new deadline is 30 June 2011.
Businessman Robert Gumede on Wednesday accused Mail & Guardian journalist Sam Sole of corruption after receiving questions from the newspaper’s investigations team. Gumede, an executive chairman of the Guma Group