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Tencent Holdings surged after delivering record profit that topped analyst estimates, calming investors who’d braced for a big hit to margins. The stock climbed as much as 7.1% in Hong Kong, its biggest

Speculation is growing that Vodacom is poised to buy 49% of fibre-to-the-home provider Vumatel. Industry talk is that Dark Fibre Africa, in a deal possibly facilitated through its largest shareholder, Remgro

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