Telkom is engaged in “exclusive negotiations” with a preferred bidder regarding the sale of Swiftnet.
Browsing: Telecoms
Promoted | Huawei sub-Saharan Africa president Leo Chen has laid out how two transformative forces are changing the world.
Vodacom is experimenting with different forms of satellite connectivity but thinks direct to mobile will be most disruptive.
Promoted | 5G has become the new engine of the digital economy, including in Africa, says Huawei’s Cao Ming.
NEC XON will sell OneWeb’s low-Earth-orbit satellite solutions in sub-Saharan Africa, including South Africa.
Telkom shares jumped 8% early on Wednesday after the group surprised with an upbeat earnings forecast.
CSquared has raised $25-million in new funding from investors including a fund managed by Convergence Partners.
Vodacom Group parent Vodafone Group reported second-quarter sales growth on Tuesday that beat analysts’ estimates.
Vodacom plans to phase out its “My Vodacom” smartphone app in favour of its VodaPay “super app” in the coming months.
Vodacom Group reported a 4.2% decline in half-year earnings, impacted by start-up losses in Ethiopia and higher interest rates.