Samsung Electronics’ better-than-expected profit revives hopes that a surge in Internet usage from people sheltering in place during the Covid-19 pandemic will help make up for a drop-off in demand for smartphones.

Vodacom is suing Absa for losses of at least R1.2-billion it claims it incurred due to an alleged unauthorised payment from the operator’s accounts to Tanzania’s tax agency last year. It’s also demanding R4.3-billion under a guarantee signed between the parties.

Icasa will temporarily assign spectrum in the 700MHz, 800MHz, 2.3GHz, 2.6GHz and 3.5GHz bands, with licensees required to submit their applications by no later than Thursday.

An expert involved in the fight against coronavirus has described conspiracy theories linking 5G technology to the pandemic as “utter rubbish” after videos showing masts on fire in the UK were posted on social media.

Communications regulator Icasa has moved to quash conspiracy theories spreading through social media that next-generation 5G networks pose a health risk to consumers.

The cryptocurrency industry’s struggles to attract mainstream investment continued last year as global fund raising and deals both dried up, according to a new report from PricewaterhouseCoopers.

Moody’s Investors Service has cut Telkom’s credit rating to “junk”, or “speculative grade”, and affirmed a negative outlook, the telecommunications operator told shareholders on Monday.

Cell C has appointed Simo Mkhize as chief commercial officer with immediate effect. Mkhize has 23 years of experience in the telecommunications industry, which includes five years at Cell C previously.

Yoco, which provides point-of-sale solutions to more than 80 000 small and medium businesses in South Africa, is ideally placed to measure the impact of the Covid-19 lockdown on this segment of the economy.

The ZA Central Registry has suspended deletions of .za domains it administers due to the Covid-19 lockdown in South Africa.