Telkom CEO Sipho Maseko has severely criticised communications regulator Icasa over proposed new call termination rates, saying they could lead to a jobs bloodbath at the company.

Cabinet has approved an amended version of the Electronic Communications Amendment Bill, taking South Africa closer to the allocation of radio frequency spectrum to mobile operators.

Communications regulator Icasa on Thursday signalled it again intends cutting call termination rates – the prices operators may charge each other to carry calls between their networks.

Seacom, which operates an undersea cable that connects Africa to Europe and Asia, is not commenting on speculation that it is in talks to buy South African fibre provider FibreCo Telecommunications.

Volkswagen has mapped out details of its transformation from a mass manufacturer of cars to a provider of transportation services by unveiling a car-sharing service and promising digital acquisitions.

Facebook said it has investigated thousands of apps and suspended 400 of them since a developer data leak scandal broke in March.

Australia has banned China’s Huawei and ZTE from supplying next-generation wireless equipment to the nation’s telecommunications operators, the latest blow in an escalating global battle over network security.

Internet Solutions may be feeling the pressure from Teraco’s NAPAfrica. The Dimension Data-owned Internet service provider said on Thursday that it plans to become “more open and actively engaged in peering”.

Listed IT distributor Mustek said on Thursday that it expects headline earnings per share to be as much as a third higher in the year to 30 June 2018. The share price rose.

Nikon has unveiled its first full-frame mirrorless cameras, seeking to make up lost ground against Sony in the professional photography market.