Cost cuts lifted Ebitda margin to 38.1% in the third quarter, but service revenue was flat and the prepaid base fell to 27.4 million.
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The alliance banking deal lets South Africa’s biggest retailer expand its financial services without becoming a bank.
MTN says it and Cell C have not agreed on certain terms of their commercial relationship.
Nvidia shares fell on a report that Jensen Huang had a relationship with an alleged Chinese intelligence asset.
More News
It’s being called Russia’s most sophisticated cyber espionage tool. But what is it?
Seacom said it was affected by a “cybersecurity incident” in its hosting environment.
Apple is now on the sidelines of a trend that promises to generate tens of billions of dollars in coming years.
The rand fell past R19/US$ for the first time in three years as investors fretted over the country’s struggles with energy shortages.
MTN said its network availability came under severe pressure in the first quarter due to power cuts.
A dodgy bitcoin mining operation in Vryburg, North West has added to the town’s already massive Eskom bill.
World News
White House adviser Peter Navarro said he expects US President Donald Trump to take “strong action” against Chinese-owned social media apps TikTok and WeChat for engaging in “information warfare” against the US.
Alibaba Group co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.4%, cashing out around $9.6-billion at its current share price.
Analog Devices is close to an all-stock agreement to acquire Maxim Integrated Products, according to people familiar with the matter.
Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable challenges to complete a working constellation and rebuild a collapsed venture.
A senior executive at Vodacom believes so-called over-the-top (OTT) service providers such as WhatsApp and Skype should be allowed to “run free” on mobile operators’ networks, but emphasises that there is also “no place” in South Africa
With the launch last week of the iPad Air 2, Apple quietly announced a new Sim product that looks set to have a profound impact on mobile telecommunications operators worldwide. Apple’s reprogrammable Sim allows users to switch between data plans without the need to get a new Sim for each carrier

































