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Sonos has filed for a US initial public offering as the wireless speaker pioneer gears up to take on increasing competition from Amazon, Google and Apple. Along with rich rivals, the company warned that an escalation

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.

Screamer Telecoms was still using Sentech’s radio frequency spectrum as recently as October 2009, internal Sentech documents leaked to TechCentral have revealed. This is despite the state-owned company cancelling the agreement with Screamer