The wait for a recovery in the wireless network equipment business just got longer with Nokia’s dire third quarter results. The Finnish manufacturer predicted a prolonged slump for the industry, sending its shares
Yet another high-capacity submarine telecommunications system is headed to South Africa’s shores. Alcatel Submarine Networks and IOX Cable on Thursday announced they have signed a contract and will now
Altron has reported a 13% decline in headline earnings per share from continuing operations, to 47c, on revenue that fell 10% to R6.8bn. Bytes UK was a standout performer. The technology group said
Telecommunication & postal services minister Siyabonga Cwele says government will soon establish a task team to engage Telkom on the sale of a portion of its shares to address a revenue shortfall. The minister
Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by
Finance minister Malusi Gigaba said on Wednesday that government will sell a “portion” of its 39.3% stake in Telkom to ensure the fiscal expenditure ceiling is not breached. “We have decided to dispose of
South Africa forecast higher debt and wider fiscal deficits over the next three years, heightening the risk of further credit ratings downgrades as a fight for control of the ruling party limits policy choices. The nation’s
National treasury’s medium-term budget policy statement, published on Wednesday, has punted the idea of a spectrum auction to allocate scarce radio frequency spectrum, potentially putting finance minister
As of early autumn (northern hemisphere), it was clearer than ever that production problems meant Apple wouldn’t have enough iPhone…
Apple iPhone owners are the most satisfied with their smartphones, new research conducted by Consulta has found. The latest South African Customer Satisfaction Index for Mobile Handsets found