Just two days after the news that Vodacom’s chief technology officer, Andries Delport, is leaving for Remgro-controlled telecommunications provider CIVH, the group has announced the exit of its chief financial officer, Till Streichert.
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Remgro-controlled CIVH is quietly becoming a serious player in South Africa’s telecoms landscape – one that has the potential, if it executes well on its plans, to become a major contender in a rapidly shifting sector.
Telecommunications equipment vendor Ericsson predicts that the worldwide number of 5G subscriptions will soar to 2.6 billion within six years.
Outgoing Vodacom Group chief technology officer Andries Delport will join CIVH as CTO where he will drive the strategy around the Remgro-controlled group’s big expansion plans in the telecommunications sector.
Vodacom Group’s long-serving chief technology officer, Andries Delport, has resigned after 23 years with the telecommunications operator.
At one point at the weekend, Cool Ideas’ network was flooded with 500Gbit/s of junk traffic, affecting the ability of its customers to connect to both local and international websites.
Johann Rupert, the billionaire who controls luxury goods giant Richemont, is considering selling stakes in two South African fibre networks valued at as much as R22-billion, people with knowledge of the matter said.
Mobile services have had an important and positive impact on developing countries where they are the main means of connecting to the Internet. However, mobile services have capacity constraints.
Shares in Telkom continued their sharp downward slide on Thursday, flirting with levels last seen more than two years ago, as investors digested the group’s recent interim results and its complicated attempt to buy Cell C.
Huawei has urged the US government to end its “unjust treatment” of the Chinese technology giant after it was granted an extension to a temporary trade licence in the country.