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Xiaomi fell as much as 6% on its debut, as an escalating trade war and uncertainty about its valuation combined to dampen Hong Kong’s biggest coming-out party in two years. The eight-year-old Chinese smartphone maker

Vodacom has fired a shot across the bow of new mobile entrant, Telkom’s 8ta, in what could be the beginning of what one analyst calls “price skirmishes” between the operators. A full-blown price war looks less likely, analysts say. Vodacom at the weekend announced a R1,40/minute all-day tariff

The cash-strapped state-owned signal distributor, Sentech, appears to have cut an illegal deal to sell wireless broadband spectrum that benefited politically connected businessmen, led by Eddie Funde, the controversial former chairman of the SABC who is now South Africa’s ambassador to Germany.