Headline earnings per share (Heps) at technology group Pinnacle Holdings have slumped by 19% in the year ended 30 June 2014, despite an 8% increase in revenue to R7,1bn. As a result, Pinnacle has decided not to pay shareholders a dividend. Net profit for the year was R273,1m, down from
Communications regulator Icasa is powering ahead with a plan to license new free-to-air television broadcasters in South Africa to compete with the SABC and e.tv. If new players are licensed, it will be the first time South Africa has had a new free-to-air broadcaster since e.tv
Communications regulator Icasa has published its proposed new mobile termination rates for the period 1 October 2014 to 28 February 2018. It will push down the rates, which operators charge each other to carry calls between
Residents of the upmarket Johannesburg suburb of Parkview, following in the footsteps of nearby Parkhurst, are pushing ahead with their plans to build a fibre-to-the-home network in their suburb. The Parkview Residents Association on Thursday said it had issued a request for proposals
Dimension Data Middle East and Africa chairman Andile Ngcaba has called on communications regulator Icasa and government to ensure that high-demand spectrum in the so-called “digital dividend” bands and at 2,6GHz are
In the past couple of years, start-ups — especially in the technology sector – have at long last been given a bit more time in the spotlight. This has mostly coincided with endeavours like Silicon Cape and the passion of a handful of individuals — entrepreneurs, investors and geeks – to create more of an
In its biggest sale of infrastructure to date, South African-headquartered mobile operator MTN has agreed to sell the nearly 10 000 base stations it owns in Nigeria to tower management company IHS Holding. The sale of 9 151 of MTN’s network towers in Nigeria will reduce its
Internet Solutions has revealed plans to roll out fibre to 50 business parks in Gauteng, with Cape Town and Durban to follow by the middle of next year. The company has also taken the wraps off its pricing. “Historically, one of the issues with fibre installations
SABC chief operating officer Hlaudi Motsoeneng earned R2,9m in 2013, communications minister Faith Muthambi said on Wednesday. In written reply to a parliamentary question by the Democratic Alliance, she said that in 2012 Motsoeneng had earned R2,5m, and in 2011 R1,6m. SABC acting CEO
The builders of the Square Kilometre Array (SKA) radio telescope in the Northern Cape hope to co-exist with shale gas prospectors, but if needs be will invoke new astronomy laws to protect their interests, MPs heard on Wednesday. “We’re looking for a co-existence with fracking
