On Monday, Moody’s, the ratings agency, downgraded Nokia’s debt to near junk status. The share price has been in freefall in the past year, with some analysts painting a bleak future for the Finnish company. Yes, it’s bad. But Nokia is already planting the seeds of its turnaround. There’s no doubt that fortunes are made and lost
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More than half of SA’s population that is online at least once a week is willing to shop on the Internet, and the number is growing. Convenience is deemed more important than cost for most consumers and the trend is being driven by group-buying, airline tickets and digital media purchases. These are the findings of a new MasterCard
The legal battle between Reunert and John Holdsworth, and his new company AppChat, took a dramatic turn in the high court in Pretoria on Tuesday. The court ruled that AppChat and Holdsworth, who is the former CEO of Reunert subsidiary ECN Telecommunications (now Nashua ECN), may not hire current or “erstwhile”
Although some US analysts are predicting that Apple’s share price could push past the US$1 000/share barrier in the next 12 months, making it the first $1 trillion company, I believe the more “boring” technology companies such as Dell, Microsoft and Intel offer a more sensible prospect for investors. The market is valuing Apple’s operating
With the abundance of cables landing on SA’s shores, you could be forgiven for thinking it’s one the most connected countries in the world. In a sense, it soon will be: there’s no shortage of international capacity on the way. What’s lacking is widespread local access to take advantage of it. The problem isn’t without solutions, but
A common dig at Apple-desktop users is that they are delusional about its operating system’s resistance to viruses, worms and other malware. Your correspondent has been a Mac owner since 1985, and has lived through the original waves of viruses and worms, which targeted the Mac long before Windows. He and many other IT wonks
Microsoft has finally shed some light on the different versions of Windows 8 we’ll see upon release and, thankfully, things are much simpler than past versions. This time around, there are only three flavours Microsoft is pushing heavily: Windows 8, the version geared towards most consumers; Windows 8 Pro, for enterprise and
Two weeks after Telkom cut the cost to Internet service providers of accessing its fixed-line digital subscriber line (DSL) network by 30%, MWeb has slashed the prices of two of its uncapped data products. The price of its 384kbit/s and 1Mbit/s products have both been cut to R199/month, from R219/month and R299/month respectively. However, the
Chinese networking equipment manufacturer ZTE is taking ZTE Mzanzi, an SA company in which it has a minority equity stake, to the high court in Pretoria in an effort to have an interdict the latter company won against Telkom overturned. ZTE Mzanzi, led by Tumi Magasa, won the interim court interdict at the end of March, preventing
The Independent Communications Authority of SA (Icasa) has hit back at a recent report by Research ICT Africa, which criticised the authority over higher retail and wholesale mobile call rates, saying the report fails to consider various costs that affect SA operators. “SA’s prices are comparatively high; the authority has no