Ericsson has agreed to buy Cradlepoint in a $1.1-billion deal, the Swedish telecommunications gear maker said on Friday, as part of plans to expand its 5G-related products for business customers.
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Blue Label Telecoms has sold its interest in Blue Label Mexico to its partner in the business, multinational bakery products company Grupo Bimbo, for $11.5-million.
On the face of it, the Covid-19 lockdown was an inadvertent blessing for South Africa’s telecommunications operators.
Telkom shareholders have shot down a special resolution at its AGM that would have allowed the company to issue more shares for cash if it had been approved.
Cell C shareholder Net1 UEPS Technologies has appointed a new director to the board of the mobile operator. David Shimkins will replace Paul Edwards with immediate effect.
Ethiopia has set a new deadline of February 2021 to complete the partial privatisation of the country’s telecommunications industry, with carriers such as Orange, Vodafone Group and MTN Group keen to participate.
Santie Botha and Khanyisile Kweyama are stepping down from the board of Telkom, while Alphonzo Samuels will join the board along with Herman Singh.
Thousands of passenger planes are still grounded, but in-flight Internet is surging to new highs.
Ethiopia plans to sell a 5% stake in its state-run telecommunications firm to its citizens as part of measures to break up the monopoly, state-affiliated Fana Broadcasting said on Monday.
With its $6.6-billion contract win with Verizon Communications, Samsung Electronics has reinforced its position as a challenger to the dominance of Nokia and its Nordic rival, Ericsson