Few films arrive as burdened by expectation as Prometheus, Ridley Scott’s eagerly awaited prequel to his 1979 space horror flick Alien. Though it can’t live up to the years of hype, Prometheus is the most interesting sort of failure and the most glorious sort of mess because it sets its sights high. Prometheus is
The MTN group CEO Sifiso Dabengwa said on Friday the record needed to be set straight regarding allegations of bribery relating to a mobile phone licence in Iran. “MTN has been threatened and attacked by a disappointed competitor and a disgruntled former employee,” he said in a statement
Telkom CEO Nombulelo Moholi admitted that the telecommunications group had made a hash of its investments elsewhere in Africa. “A lot of the investments we made we shouldn’t have made,” she told analysts and journalists in Rosebank, Johannesburg
The primary focus of Telkom’s mobile arm, 8ta, will in future be on providing next-generation mobile broadband more than voice services, the acting CEO of the mobile unit, Jacques Schindehütte, said on Friday. Schindehütte, who is also Telkom’s
8ta, has greatly increased its subscriber numbers, but Telkom’s mobile arm continues to cost the operator billions of rand a year. The number of active 8ta mobile subscribers for the financial year ended March 2012 increased by 213,2% to 1,5m, with total subscribers now numbering slightly over 3m, 154,5% up on
In a development that must be exercising the minds of Telkom’s management team, the telecommunications operator’s revenues from data fell by 1,7% in the 2012 financial year to the end of March. Data is the fastest-growing area of the telecoms industry, so the decline in revenues is concerning
As expected, Telkom has turned in a weak set of financial results for the year ended March 2012. Headline earnings per share have slumped by 33% to 324,7c, with the number of fixed lines in service falling below 4m for the first time in decades. As a result, the group’s board has decided not to pay a
The MD of Telkom’s international operations and subsidiaries, Motlatsi Nzeku, is “retiring” from the telecommunications group, effective immediately.
The controversial Nzeku was fired by former Telkom Group CEO Reuben September in 2009 for allegedly leaking internal Telkom documents to a Sunday
Samsung Electronics’ highly anticipated flagship smartphone, the Galaxy S3, has launched in SA. The phone has been available from mobile operator Vodacom since the end of last month. Billed by some as the handset that could eat into the market share of Apple, with its iPhone 4S, the S3 is available starting
Investors have expressed keen interest in a undersea broadband cable that would link Brazil, Russia, India, China and SA (the Brics countries) to each other and the US, a promoter of the project said on Thursday. “There have been many parties showing interest in the Brics cable project. To date, a total of
