Caxton and CTP Publishers has sold its entire shareholding in the Times Media Group to the Blackstar Group, it was reported on Tuesday. The sale was announced on Monday by TMG. This brings Blackstar’s holding in TMG to 32,3% of the
Communications minister Yunus Carrim has lashed out at mobile operators MTN and Vodacom for taking communications regulator Icasa to court over its final regulations governing mobile call termination rates, saying the industry’s inability to reach consensus was holding
Pan-African telecommunications operator Liquid Telecom has established a satellite hub at Teraco’s vendor-neutral satellite earth station in South Africa in a project worth several million dollars. The company says the hub will allow it to keep telecoms traffic originating
MultiChoice, which owns pay-television service DStv, has announced new prices for the year ahead. The new rates including an above-inflation 6,4% increase in the monthly cost of DStv Premium, the operator’s top-end bouquet. The price of the cheaper and fast-growing
South Africa, where 80% of the adult population owns a cellphone but the median income is a mere R3 000/month, poses specific challenges to tech companies trying to make inroads into the cellphone market. For many, the solution has come in the form of apps that allow
A month ago, Bloomberg proclaimed the chairman of Tencent, Ma Huateng, to be China’s richest man, with a wealth of US$13bn based on Tencent’s Hong Kong-listed shares, of which he owns 10%. His family name Ma means horse, so the Internet
Cellphone tower management company IHS has secured US$490m in new funding, made up of $420 in equity and $70m in debt, as it expands its operations across Africa. Existing shareholders in IHS are contributing to the fund-raising
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Gijima has welcomed a Special Investigating Unit (SIU) probe into a department of land reform project. “We welcome this investigation to remove any internal or external doubt or innuendoes, which would impact on the reputation of the department of rural development and land reform, as well as
South Africa’s telecommunications industry has never been in such a heightened state of flux as it is today. The regulator, Icasa, has managed to enrage the two biggest operators, MTN and Vodacom, which have both now lodged voluminous applications at the high court in an effort to get new call