Online audio distribution platform iono.fm has raised R2,5m in funding from a Clifftop Colony-led consortium made up of South African and international angel investors, the company said on Thursday. Iono.fm provides a
Vox is cutting the retail prices of its “Fat Pipe” home DSL plans to below R1/GB, effective immediately. The price decrease will apply for all new online sales, across its Fat Pipe DSL product range. Existing Fat Pipe customers
“It costs more to get data to the coast than it does to get it the rest of the way to Europe.” Since the arrival of high-capacity undersea fibre-optic cables to African shores in 2009, I have heard this complaint
Telkom’s mobile business is finally profitable (and sustainable). Since its launch in 2010 (as 8ta), its cumulative losses total R10bn. In those six financial years (to 31 March 2016), it generated R12,9bn in
Zero. That’s how many payphones Telkom CEO Sipho Maseko wants to retain. “If I could get to zero, I’d be very happy,” he said in an interview with TechCentral on Tuesday. Telkom currently has about 20 000 payphones on its network, down
Seacom has partnered with Indoi to build a new, US$150mtelecommunications cable system to connect Mauritius to Africa and the rest of the world. IOX Cable, a subsidiary of Indoi, has signed a
Tencent Holdings, in which South African technology and media giant Naspers holds an approximately one-third stake, posted a 43% rise in third-quarter profit as its ability to attract Chinese gamers and social media mavens fuelled advertising growth. Net income climbed to
Cell C will reduce its net borrowings to a maximum of R6bn – from a proposed R8bn previously – Blue Label Telecoms, which is in the throes of buying a 45% stake in the mobile operator for R5,5bn
MTN South Africa has appointed Giovanni Chiarelli as its new chief technology and information officer. Chiarelli replaces Babak Fouladi, who was interim CTO in addition to his role as MTN group executive for technology and information systems. Chiarelli has 17 years
If your life’s goal is to be a highly paid CEO, the US is the place. But if your dream is just to be richer than society, South Africa and India are great bets, too. In either case, probably best to avoid Thailand, Poland and