Cell C has net debt, excluding leases, on its balance sheet (prior to a planned recapitalisation) of almost R10-billion, but it still wants to participate in South Africa’s upcoming spectrum auction.

Cell C has reported an interim net loss after tax for the six months to June 2020 of R7.5-billion, but said this was mainly the result of once-off costs and adjustments and that normalised earnings actually grew by 64%.

Netflix is showing more African-made content and working with telecommunications operators to make it easier for potential subscribers to make payments, a senior executive said on Tuesday.

The US justice department and 11 states filed an antitrust lawsuit against Google on Tuesday for allegedly breaking the law in using its market power to fend off rivals.

Swedish regulators on Tuesday banned the use of telecommunications equipment from China’s Huawei and ZTE in its 5G networks ahead of the spectrum auction scheduled for next month.

South African retail giant Pick n Pay said on Tuesday that it is acquiring on-demand online grocery service Bottles.

Intel has agreed to sell its NAND memory chip business to SK Hynix for US$9-billion in an all-cash deal that would propel the South Korean chip maker to second in the global rankings.

Logitech on Tuesday reported a surge in second quarter revenue and net profit as the computer peripherals maker benefited from a shift to working from home during the Covid-19 pandemic.

Adobe is bringing its second iconic app to Apple’s iPad tablet after a challenging roll-out for Photoshop, part of the software maker’s effort to hold on to artists and designers shifting to work on mobile devices.

Promoted | Operational technology represents a largely untapped resource capable of generating breakthrough business benefits for the next-generation Enterprise 5.0. By Wilhelm Swart.