Phone carriers have been at the heart of computer networks since their birth half a century ago. Now they’ve begun a tactical retreat.
Browsing: Telecoms
A group of local banks have committed to provide temporary liquidity and extended the maturity of R1.2-billion of debt that was due to be repaid last month, Cell C said.
TechCentral sat down with Cell C’s CEO and chief financial officer to discuss the operator’s plan not only to pull itself back from the brink but to put itself on a sustainable financial footing.
The Public Investment Corporation is poised to take a stake in Liquid Telecom if Africa’s biggest fibre company goes ahead with a planned initial public offering, according to sources.
Cell C reported a net loss after tax of more than R8-billion in the 12-month period ended 31 May 2019 as the mobile operator battles its own internal cost problems and a weak economy.
Huawei Technologies founder Ren Zhengfei is ready to license his 5G networking technology only to one other company – and he wants that potential arch-rival to be American.
A day before Blue Label Telecoms reports its annual results, the technology group has announced it will sell various businesses, including part of 3G Mobile, to deleverage its balance sheet.
Just 10 days after suffering major downtime, Cool Ideas is again blaming a distributed denial-of-service attack for customers’ slow or non-existent connections, this time affecting international services.
Shares in Blue Label Telecoms enjoyed a rare upswing on Friday, a day after it issued a trading update that showed its core business continues to perform well despite the ongoing woes at Cell C.
US secretary of defence Mark Esper warned that Nato allies utilising 5G telecommunications networks developed by China could put military and intelligence relationships at risk.