Zoom Video Communications has been sued by a shareholder and accused of fraud amid mounting security concerns over the popular video-conferencing app.
Browsing: Telecoms
Top executives at JSE-listed IT services group EOH Holdings, including CEO Stephen van Coller, will have their salaries cut by 25%, while those earning more than R250 000/year will see their pay reduced by 20%.
FTI Consulting is considering an acquisition of boutique consultancy Delta Partners to expand its offerings for telecommunications and technology clients, people with knowledge of the matter said.
Vodacom is suing Absa for losses of at least R1.2-billion it claims it incurred due to an alleged unauthorised payment from the operator’s accounts to Tanzania’s tax agency last year. It’s also demanding R4.3-billion under a guarantee signed between the parties.
Icasa will temporarily assign spectrum in the 700MHz, 800MHz, 2.3GHz, 2.6GHz and 3.5GHz bands, with licensees required to submit their applications by no later than Thursday.
An expert involved in the fight against coronavirus has described conspiracy theories linking 5G technology to the pandemic as “utter rubbish” after videos showing masts on fire in the UK were posted on social media.
Communications regulator Icasa has moved to quash conspiracy theories spreading through social media that next-generation 5G networks pose a health risk to consumers.
Moody’s Investors Service has cut Telkom’s credit rating to “junk”, or “speculative grade”, and affirmed a negative outlook, the telecommunications operator told shareholders on Monday.
Cell C has appointed Simo Mkhize as chief commercial officer with immediate effect. Mkhize has 23 years of experience in the telecommunications industry, which includes five years at Cell C previously.
A Lisbon court has ordered the “preventive seizure” of a 26% stake in Portuguese telecommunications company NOS SGPS that’s controlled by Isabel dos Santos, Africa’s richest woman.