Telkom is inching closer to a deal with Korea’s KT Corp, the JSE-listed fixed-line operator told shareholders on Wednesday. The operator once again renewed a cautionary notice to shareholders about the talks, which it first revealed in October 2011. According to a new statement from Telkom, the two companies have
JSE-listed technology group Altech is looking internally for a new chief operating officer. This follows the short-lived tenure of former Telkom acting group CEO Jeffrey Hedberg in the role. “We want to make the right appointment and ensure it is the right appointment,” says Altech CEO Craig Venter. “This will probably be an internal
The Independent Communications Authority of SA (Icasa) is seeking court protection in the wake of news that an unnamed telecommunications operator wants to pay the revised radio frequency spectrum fees that were meant to come into effect on 1 April 2011 but which were instead deferred until this year. Until April 2012, Icasa was
Apple announced its second quarter earnings Tuesday, turning it US$39,2bn in revenue, beating analyst estimates of $36,8bn. The company raked in $11,6bn in net income. Year over year, Apple’s net profit increased by 94%. Last quarter, Apple announced $13,1bn in net profit, blowing Wall Street estimates out of the water
Apple announced it has sold 11,8m iPads since the company debuted the tablet in early March. The number reflects a 151% increase over iPad sales during the same quarter a year ago. The company released its third version of the iPad this quarter, starring the new “Retina” display (2048-by-1536 resolution), which quadruples the amount of pixels packed
An application by the Opposition to Urban Tolling Alliance (Outa) for an interdict to stop the e-tolling of Gauteng’s major roads continues in the high court in Pretoria on Wednesday. Outa, trade union federation Cosatu and the Democratic Alliance were pulling out all the stops this week to try and have the system scrapped
Technology group Altech has reported a 27% decrease in adjusted headline earnings per share, from 529c to 388c, on poor performance from its operations in West Africa and continuing underperformance of its businesses in East Africa. The group eked out a 3,3% increase in revenues to just shy of R10bn
All of SA’s current investment in metropolitan, provincial, national and undersea cable systems will mean “nothing” if the country doesn’t build a comprehensive fibre-to-the-home (FTTH) network to deliver the benefits to consumers. That’s the view of Cris Fuentes, CEO at ZTE SA, who says a coordinated national approach
Inside a low-rise building in a business park at Rock Hill, South Carolina, is a vision of the factory of the future. Several dozen machines are humming away, monitored from a glass-fronted control room by two people looking at computer screens. Some of the machines are the size of a car, others that of a microwave oven, but they all have
Using a 3D printer is like printing a letter; hit the print button on a computer screen and a digital file is sent to, say, an inkjet printer which deposits a layer of ink on the surface of a piece of paper to create an image in two dimensions. In 3D printing, however, the software takes a series of digital slices through a computer-aided design and
