An unidentified suitor has made a bid to acquire 100% of JSE-listed telecommunications and payments specialist Blue Label Telecoms, sending the firm’s share price higher by nearly 10% in Wednesday morning trading on the JSE. “Shareholders are
o agreement has been entered into with Russia for the construction of nuclear power plants, the energy department said on Wednesday. The document recently signed between South Africa and Russia was an inter-governmental agreement – one of six sought from Russia and five other countries
The classic videogame Tetris, in which players slot a cascade of tumbling blocks together, is being turned into a science-fiction movie, the project’s developers said on Tuesday. Tetris has been a mainstay of computer gaming since it was
Telkom will launch an LTE Advanced (LTE-A) network, offering next-generation mobile broadband speeds to South African consumers, before the end of the year, the group’s chief operating officer, Brian Armstrong, has announced. Speaking at a consumer broadband
Cell C CEO Jose Dos Santos said on Tuesday that the mobile operator is likely to challenge communications regulator Icasa’s final call termination rates, published on Monday, though it has not disclosed on what legal basis
Sony’s PlayStation 4 (PS4) has sold more than 10m units to consumers since its launch in November last year, while Microsoft’s Xbox One has struggled to muster 5m sales to retailers during the same time. Is Microsoft still being unfairly punished for
Technology group Gijima is facing a difficult and uncertain future after it warned on Tuesday that it had failed to comply with financial covenants related to borrowings of R213m and auditor KPMG warned of “the existence of a material uncertainty which may
State-owned telecommunications infrastructure company Broadband Infraco is one of three companies that have not tabled their integrated reports to parliament on time, public enterprises minister Lynne Brown’s office said on Tuesday. Brown informed the speaker that South African
With the roll-out of 4G mobile Internet not even yet complete, it might seem early to consider starting work on the design of the next, fifth-generation (5G) mobile networks. The truth is that telecommunications systems are so
A survey of road users revealed that 80% found the e-toll administration service “very poor”, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. “The gross majority of the respondents indicated that the