The sharp decline in Tekom’s share price in recent months could pose a challenge for it in its talks with KT Corp to sell 20% of its equity to the Korean telecommunications firm. Telkom share price has fallen significantly in recent months because of disappointing financial results and, more recently
Apple has unveiled its next big cat operating system for desktops, Mac OS X “Mountain Lion”, which shares even more with iOS than its predecessor. Like OS X Snow Leopard, Mountain Lion (technically Mac OS X version 10.8) is being positioned as a minor upgrade over last year’s Lion release. For the most part
JSE-listed information and communications technology group Datatec said on Thursday its subsidiary Westcon has agreed to acquire Netpoleon, an Indonesian distributor of IT security, networking and convergence solutions. The value of the deal has not been disclosed. Netpolean also provides managed and training services
Tim Wyatt-Gunning, previously joint CEO of telecommunications company Storm and now CEO of Internet service provider Web Africa, says Telkom should be handed a hefty fine by the Competition Tribunal and that it has by no means reformed its ways as it claims. Storm was one of the companies that lodged
Recently delisted telecommunications company Vox Telecom has continued its tradition of publishing unusual annual reports based on popular magazines. Its 2011 report, published this week, is styled on international men’s magazine GQ. Called VQ, the latest annual report is more risque than previous reports, which have
Least-cost routing specialist TeleMasters has reported an operating loss of R1,4m in the three months to December 2011, from a profit of R5,1m previously, as a result of the loss of two big contracts and the market shift away from least-cost routing (LCR) solutions. LCR providers like TeleMasters had taken advantage
Foreign exchange losses are set to depress Mustek’s earnings in the six months to 31 December 2012, despite a more than 20% increase in sales in the period compared to a year ago. The JSE-listed technology distributor expects headline earnings per share to be between 55% and 65% lower than headline earnings of 36,2cc/share a year
To pin or not to pin: that is not the question on Pinterest . In fact, according to data gathered by e-commerce analytics platform RJMetrics, Pinterest retains a remarkably high percentage of new users who go on to use the site at high rates and stay active on the site long after they’ve joined. Pinterest is the digital
Networking technology giant Cisco has filed an appeal with the European Union over last October’s approval of Microsoft’s US$8,5bn acquisition of Skype. Cisco, along with Italian voice-over-Internet Protocol provider Messagenet, is challenging the decision to approve the merger because the European
In a new submission to the Competition Tribunal at hearings into alleged anticompetitive behaviour by Telkom, the Competition Commission has recommended to the tribunal that it impose a fine of nearly R1,2bn against the company. This is less than the maximum R3,5bn fine analysts said it could have asked
